Posts From: July 2022

Betfred posts profit of £5.3 million

Betfred said its turnover had risen by £1m to £525.9m in the year to September 26, 2021, because of the performance of its online betting operations during the lockdowns. The...

Finance News
SMB offload 47% stake in Betclic Everest Group

SMB Group has confirmed the sale of its 47% stake in Betclic Everest Group, a French online gambling company, in a deal that garners a €710 million profit for Monaco’s...

Finance News
Scout Gaming drops 40% after fund-raising announcement

Scout Gaming Group have taken the decision to call for an Extra General Meeting and make a proposal for a rights issue at the level of SEK 100 million. The...

Finance News
Bally’s launches offer to buy back up to nearly 19% of its stock

Bally’s announces a share repurchase program. Under the program the company will repurchase up to $190 million worth of its shares. The shares will repurchased at a per share purchase...

Finance News
UK National Lottery tops £8bn sales mark

Camelot UK Lotteries announced its best-ever returns to Good Causes from National Lottery ticket sales for the second consecutive year. This record amount was generated from sales of £8,090.7 million...

Finance News
Holland Casino agrees pay deal with unions

Holland Casino, FNV and De Unie have reached a negotiation agreement for a new collective labor agreement. The parties have been discussing this in recent weeks. The new collective labor agreement will...

Finance News
BetMakers rallies over 5% as board buyback 10% of shares

BetMakers Technology Group advises that it has issued 995,852 fully paid ordinary shares upon the exercise of 1,125,000 unlisted options issued under the Company’s long term incentive plan pursuant to...

Finance News
Allied Esports swings to loss but revenue surges 381%

Allied Esports Entertainment a global esports entertainment company, has announced financial results for the first quarter ended March 31, 2022. Total revenues of $2.4 million increased 381% for the first...

Finance News
Interim revenues on track at 888 Holdings

888 Holdings announces a current trading update and provides further detail on its financial performance for the twelve months ended February 2022.  Financial performance for the twelve months to February...

Finance News
PointsBet soars on $94m injection by financial trading giant SIG

PointsBet has secured a $94.16 million investment from SIG Sports, making the investment firm PointsBet’s largest shareholder. SIG has agreed to buy 38.75 million shares at $2.43 each — a...

Finance News