Posts From: March 2022

Sportech full year revenue tops estimates

Sportech said that its pretax loss for 2021 narrowed significantly on higher revenue as 2020 was affected by strict restrictions. The betting-technology company said its pretax loss for 2021 was...

Finance News
XLMedia report 21% rise in full year revenue

XLMedia has reported the company’s audited results for the year ended 31 December 2021.Full year revenue was $66.5 million up 21%,  adjusted EBITDA of $17.9million, reported Profit before tax of $4 million. ...

Finance News
Zeal Network doubles EBITDA in 2021

ZEAL Network SE (LOTTO24, Tipp24) published its annual report 2021 and confirmed another successful financial year in a weak market environment: ZEAL increased billings slightly by 1% to €656.5 million. ZEAL’s...

Finance News
GAN reports jump in revenue to $921m

GAN today reported its unaudited financial results for the fourth quarter and year ended December 31, 2021.Total revenue of $30.5 million versus $32.3 million in the prior quarter. B2B Gross Operator...

Finance News
OPAP reports £1.5bn in full year revenue

OPAP, Europe’s fourth-biggest betting business, reported a 36% rise in the forth-quarter revenue. Gross gaming revenue was up to €1.54bn in 2021. Gross profit from online gaming operations in FY’21...

Finance News
EveryMatrix makes ‘strategic investment’ in game studio Jelly Entertainment

EveryMatrix further strengthens its market position in the gaming development vertical through a new investment in the up-and-coming studio Jelly. Jelly is EveryMatrix’s second investment into a promising gaming company...

Finance News
Senior Flutter executive nets multi-million pound payout

Paddy Power owner Flutter Entertainment paid CEO Peter Jackson £2.6m annual bonus in 2021, the board had awarded Peter Jackson ‘a significant salary increase’ that then boosted other bonuses calculated from base...

Finance News
Betting Report Analyses Billion-Dollar Canadian Opportunity

Leading sportsbook platform provider BtoBet has published its latest Industry Report, with the report focusing on the newly legalised Canada market. The “Canada Betting Focus” analyses the market’s opportunities since...

Finance News
888 reports record turnover of $980m

888 Holdings said its pre-tax profit tripled from a year earlier, as online casino services in its core European markets remained popular during lockdowns. Annual revenue from 888’s core markets, the...

Finance News
Aspire Global pulls out of business with Russian National Lottery operator

Leading iGaming provider Aspire Global has terminated its contract with the Russian National Lottery’s operators Sports Lotteries LLC due to different view of the business.  The contract was announced in October...

Finance News