Posts From: February 2022

Nailed It! Games secures investment with Velo Partners

Nailed It! Games a studio co-founded by designers and developers with extensive experience leading studios within the Polish gaming ecosystem has signed a strategic investment deal with London-based Velo Partners...

Finance News
Webis Holdings swings to loss as revenue falls in first half

Webis Holdings shares fell Tuesday after it said that it swung to a pretax loss for the first half of fiscal 2022 on a fall in the amounts wagered. Pretax...

Finance News
STS betting revenue reaches $1.13bn

STS Group one of the largest bookmaker in central Europe and the market leader in Poland has reported an increase in key operating data for the record year of 2021....

Finance News
Access Industries backs Dazn Group with $4.3B investment

DAZN Group has agreed new financing arrangements with Access Industries, its principal shareholder, that will allow the Group to maintain its strong commercial momentum. During 2021, DAZN’s global sports streaming...

Finance News
TT Bond Partners prepare new takeover approach for Playtech

Sky News has learnt that Mor Weizer has opted to work with TT Bond Partners (TTB) on a potential offer for Playtech. The London-listed gaming software company which has been at the centre of a...

Finance News
DraftKings reports fourth-quarter revenue of $473 million

For the three months ended December 31, 2021, DraftKings reported revenue of $473 million, an increase of 47% compared to $322 million during the same period in 2020. Fourth quarter...

Finance News
Aspire Global reports record fourth-quarter earnings

Stockholm-listed Aspire Global has reported a 14.7% per cent increase in revenue to €50.9m for the forth quarter 2021. Full year revenues increased by 31.8% to €213.3 million. Full year EBITDA increased by 29.2% to...

Finance News
Allwyn increases stake in OPAP to 48.1%

Allwyn Entertainment, the group-wide brand for SAZKA Entertainment has announced that it has reached an agreement with Yeonama Holdings Co to purchase the remaining minority interest in SAZKA Delta AIF...

Finance News
FDJ buoyed by revenue bounce back

French gaming and lottery operator La Française des Jeux (FDJ) has reported 2021 revenues of €2.3 billion, up 10% compared with 2019, based on an 11% increase in stakes to €19...

Finance News
Raketech set revenue records in forth-quarter

Raktech has reported revenues of EUR 11.8 million (EUR 8.5 million). US acquisitions increase sport revenues to EUR 2.6m (EUR 1.0m), representing an increase of 149.5%. Non-Nordic revenues increase with...

Finance News