Sportsbet Records Revenue Dip Amid Racing Challenges, Margin Boost Softens Blow
Under the Flutter brand, Sportsbet, the top sportsbook in Australia, revealed a US$329 million revenue drop of 6% year over year for the quarter that concluded on March 31, 2024.
The decrease was ascribed to a diminished racing atmosphere.
Sportsbet was able to contain the damage in spite of the[...]
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