Hey Insta-fam! 🌐✨ Get ready to be amazed because #Canadian online betting and gaming leader, NorthStar Gaming, has just smashed its records! 🎉🎰
In the third quarter, these gaming gurus doubled their revenue to a whopping CAD$4.7 million! 💵💥 Talk about hitting the jackpot! 🎲🤑
The total wagers on Northstarbets.ca skyrocketed by 140% to $138.0 million. That’s not just a leap; it’s a moonshot! 🚀🌙
Oh, and guess what? A cool $0.2 million of this comes from services revenue thanks to Spreads.ca, operated by the awesome Abenaki Council of Wolina. 🤝🌍
The gross margin? Hold your breath… it soared to $1.6 million, a massive 527% increase! Now, that’s what I call growth! 📊🆙
NorthStar chair and CEO Michael Moskowitz is over the moon. 🌟 He said, “We’ve more than doubled our results across key measures like wagers and revenue.” That’s during a seasonally slow quarter! Talk about defying odds! 💪💯
As sports leagues kick off, NorthStar is all geared up to sprint ahead. 🏈⚽ They’ve got a solid balance sheet, killer partnerships, and are innovating like crazy! 🛠️🧠
They’ve even rebranded Spreads.ca to Northstarbets.com, expanding the #NorthStarBets brand beyond Ontario. 🌐🆕
Plus, they’ve bagged a $10.3 million deal with tech supplier Playtech. 💻💲
But, the stock market is a tricky beast. NorthStar Gaming Holdings Inc (TSXV:BET) shares dipped by 5.56% to $0.085 in Toronto Thursday. 📉🤷♂️
#Hashtags: #GamingIndustry #OnlineBetting #CanadianGaming #RevenueGrowth #FinancialWin #TechPartnerships #StockMarket #Innovation #SportsBetting
👀 Thoughts: It’s incredible how NorthStar Gaming is reshaping the online betting scene in Canada. Their strategic moves and partnerships are clearly paying off. Can’t wait to see what they do next!
URLs: NorthStar Gaming Official Site, Toronto Stock Exchange
Keywords: NorthStar Gaming, Online Betting, Revenue Growth, Canadian Gaming, Third Quarter, Financial Results, Stock Market, Playtech, Northstarbets.ca, Abenaki Council, Gross Margin, Technology Partnership, Spreads.ca, Betting Industry, Gaming Stocks, Financial Performance, Revenue Doubling, Market Expansion, Gaming Innovation, Sports Betting
(Note: The dialog from NorthStar chair and CEO Michael Moskowitz has been adjusted for this format, keeping the main context intact.)
