In its preliminary financial results for the 12-month period ending December 31, 2023, Northstar Gaming showed a revenue projection of around $19.5m, an increase of 242 per cent over 2022.
At the same time, the company also released its results for the three-month period ending on the same date, which showed a revenue projection of $6.5m, an increase of 103 per cent over Q4 2002.
Though the company expects to file its complete results for FY2023 by April 2024, it elected to release preliminary results for the sake of transparency.
"We ended the year with our strongest quarter to-date, highlighted by record wagers and revenue as well as accelerating growth in player acquisition and deposits," said Michael Moskowitz, chair and CEO of NorthStar.
"In the fourth quarter we also solidified our balance sheet and significantly expanded our addressable market."
