Posts From: July 2021

PointsBet shares surge on revenue and profits upgrade

PointsBet recorded a 182% increase in turnover to $986.1 million in its Q4 results. This was driven by a 63% increase in Australian turnover to $494.8 million and a 956%...

Finance News
FDJ reports strong increase in first-half results

FDJ has reported a 33 per cent increase in turnover to €9.16bn, EBITDA was €261 million, i.e. a margin of 24.1% exceptionally boosted by a deferral of commercial expenses to...

Finance News
Bally’s second quarterly revenue surpasses $250m

Bally’s Corporation has reported preliminary unaudited financial results for the three-month period ending June 30, 2021.  For the three-month period ending June 30, 2021, Bally’s estimates that total consolidated revenue will be in the...

Finance News
BetMakers revenue up 272% in Q4

BetMakers Technology Group has reported record revenues of $6,221,685.70 under the conditional commercial agreements with the Waterhouse Group. The Company is also pleased to announce that, as a result, the...

Finance News
XLMeida continues strong online growth

XLMedia has provided the following trading update for the six months ended 30 June 2021.The company continues to make good progress in the current financial year, buoyed by a consistent...

Finance News
Kindred Group Q2 revenue climbs 55%

Kindred Group has reported a Q2 year-on-year revenue rise of 55% to £235.1m. Underlying EBITDA was £114.3m. Profit after tax amounted to £87.1m. “I’m pleased to see yet another great...

Finance News
Gambling.com sets terms for $90 million IPO

Gambling.com Group announced today the pricing of its initial public offering of 5,250,000 ordinary shares offered by the Company at a price of $8.00 per ordinary share. The underwriters of the offering...

Finance News
Betsson reports record second quarter results

Betsson has reported a record second quarter, group revenue was SEK 1,751.6 (1,532.8) million, an increase of 14%. Significant contributions to growth include an increase in sportsbook revenue of 125%. Operating...

Finance News
Lotto24 announces initial plan to delist shares

Lotto24 plans to withdraw from the Frankfurt Stock Exchange. For this purpose, Lotto24 has concluded a delisting agreement with ZEAL Network SE which holds approximately 93% of the Lotto24 shares....

Finance News
Kindred Group reports slight increase in harmful gambling revenue

Kindred continue to focus on contributing to a more sustainable gambling market through an open and fact-based discussion across industry stakeholders. In the second quarter of 2021, Kindred’s share of...

Finance News