Posts From: November 2021

Kindred Group refinances its borrowings with new €216m revolving credit facility

Kindred Group has signed a new EUR 216.7 million multi-currency revolving credit facility agreement with two Nordic banks. The new credit facility has an uncommitted accordion feature that permits, under...

Finance News
LeoVegas third-quarter revenue rises 12%

LeoVegas reported a third-quarter revenue increase by 12% to EUR 99.4 m. Organic growth in local currencies was 8%.Excluding Germany, growth was positive 31%. EBITDA was EUR 11.5 m, corresponding...

Finance News
Scientific Games swings back to $182 million profit in third quarter

Scientific Games has reported third-quarter net income of $182 million profit, compared to a net loss of $117 million the previous last year. Revenues for the quarter rose to $539...

Finance News
IGT reports rise in quarterly revenue

IGT said third quarter operating income was $212 million, up 144% from prior year. Net income was $101 million compared to net loss of $129 million, last year, driven by...

Finance News
Zynga reports revenues of $705m

Zynga pulled in $705 million in revenue in the third quarter, which beats the $665 million expectation. What’s more, Zynga also provided guidance for the next quarter. Year-over-year from 2020...

Finance News
DraftKings reports third-quarter revenue below estimates

DraftKings shares fell today in pre-market trading after the gaming company reported third quarter earnings that were mixed as compared to Wall Street estimates. For the three months ended September 30, 2021, DraftKings...

Finance News
Penn National shares drop on lower than expected third-quarter results

Penn National Gaming shares sunk 9.6% toward a three-month low in morning trading, after the online gaming and sports betting company and Barstool Sports partner reported a big third-quarter profit...

Finance News
Aspire Global sees third quarter revenue rise by 46%

iGaming giant Aspire Global has today posted a 46% increase in revenue during the third quarter to €€58.6. The Malta-headquartered firm saw EBITDA climb by 38.0 % to €9.1m. EBIT increased by...

Finance News
Flutter reports £1.44bn in revenues for third-quarter

Flutter Entertainment has reported higher third quarter revenues and double-digit growth for the three months ended 30 September 2021, revenue was up 9% to £1.44 billion year-on-year, sports revenue was...

Finance News
BlueBet reveals 67% revenue rise

BlueBet continued its strong performance in Q1 FY22, ending the period with turnover of $125.9 million, up 67.4% relative to PCP and net win of $14.8 million, up 87.6% relative...

Finance News