Posts From: November 2020

Enlabs reports record revenue

Operator Enlabs has reported a 35 per cent increase in Q3 revenue to €13.6m. Organic growth was 10%. Sustainable income amounted to 80%. The number of active customers was 67,320,...

Business News
TheScore expect Ontario to lift online gambling Ban

theScore has voiced its support for the introduction of legislation by the Ontario Provincial Government to facilitate the expansion of online gambling in the province as part of its 2020...

Business News
Aspire Global revenue growth continues in Q3 despite pandemic

Aspire Global has reported a 20.7% increase in revenue to €40.1 million for the third quarter of 2020. EBITDA increased by 25.7% to €6.6 million from Q3 2019 and the...

Business News
Rank Group mulls capital raise

Rank Group confirmed on Thursday that it is in talks over a potential equity raise. Responding to recent press speculation the company said in a brief statement: The board continuously...

Business News
Zynga shares dip on loss despite record revenue

Zynga generated record third quarter revenues and upped its financial projections for the year on Wednesday riding the gaming industry wave due to the Covid-19 pandemic. During the third quarter,...

Business News
PlayUp announces $25 Million Capital Raise

PlayUp, the Australian owned Betting Operator, has announced the completion of a $25,000,000 capital raise through a non-renounceable entitlement offer. Daniel Simic, CEO PlayUp, commented, “The oversubscription of our $25...

Business News
AGA CEO Statement on the 2020 Election Results

American Gaming Association (AGA) President and CEO Bill Miller issued the following statement following Tuesday’s election that saw ballot initiatives legalize sports betting in Louisiana, Maryland, and South Dakota and...

Business News
SciPlay third-quarter revenues rise 30%

SciPlay on Wednesday reported third-quarter net income of $5.5 million. Third quarter revenue was $151.2 million. Mobile revenue of $131.8 million was up 35%, which was 750 bps above market...

Business News
LeoVegas posts flat revenue amid regulatory headwinds

LeoVegas reported revenue increase of 1% to EUR 88.9 m (88.2). Organic growth in local currencies was 2%. EBITDA was EUR 11.9 m (12.7), corresponding to an EBITDA margin of...

Business News
Danske Spil launches online bingo with GVC

GVC Holdings has announced that Danske Licens Spil, one of the largest betting and gaming organisations in Europe, has joined its international online bingo network. Through the new integration DLS...

Business News