Posts From: August 2021

Rank Group swing to loss during Covid downturn

Rank Group has swung to a pretax loss of £98.9m from a profit of £35.7m a year before. Net gaming revenues fell by 48% to £329.6m, compared with £629.7m. Chief...

Finance News
Tabcorp back in the black, sets deadline for demerger

Tabcorp has reported group revenue of $5.6 billion up 8.8%. Earnings before interest and tax (EBIT) up 21.5% to $724 million. Net profit after tax before significant items of $399...

Finance News
GAN narrows loss on robust B2C performance

GAN has announced its operating and financial results for the second quarter ended June 30, 2021. Total revenues of $34.6 million versus $27.8 million, a 24% increase driven by strong growth...

Finance News
Playmaker’s second quater results show moderate growth

Playmaker the Toronto-based digital sports media company, today reports its financial results for the second quarter ended June 30, 2021.Revenue was $3.0 million in Q2 2021, compared to $nil in...

Finance News
Rush Street Interactive raises guidance after nearly doubling revenue

Rush Street interactive has reported revenue of $122.8 million during the second quarter of 2021, an increase of 89%, compared to $65.0 million during the second quarter of 2020. Net...

Finance News
Zeal Network reports profit surge

ZEAL Network Germany’s leading online provider of lottery products, achieved further growth in the first half of 2021 thanks to the stability of the business model, with a much weaker...

Finance News
LeoVegas second quarter revenue drops 13%

LeoVegas has reported a 13% drop in revenue to €96.8m for the second quarter of 2021. The situation in Germany coupled to re-regulation, with strict product limitations, and extremely high...

Finance News
Entain hails digital growth as revenue surges 11%

Entain today reported its interim results for the six-month period ending 30 June 2021. Net gaming revenues were up 28% taking it to 22 consecutive quarters of double-digit online growth. Underlying profits...

Finance News
Gamesys reports 17% rise in turnover to £398m

Gamesys Group shares climbed today after the online gaming operator reported first half revenue of £398.8m an increase of 17% with good momentum in the UK and Asia. Adjusted EBITDA...

Finance News
Flutter profits rise on back of surge in revenue

Flutter Entertainment has reported a strong first half with revenue growth driven by increased average monthly players. For the six months to June 30, revenue was up 99% at GBP3.05...

Finance News