Posts From: August 2021

Scientific Games swings to profit and beats estimates

Scientific Games has reported a second-quarter net income of $109 million, compared to loss of $203 million in the prior year, primarily due to strong revenues in the online gaming...

Finance News
DraftKings shares surge after earnings top estimates

DraftKings shares jumped as much as 5% in early trading after the sportsbook reported second quarter earnings that beat Wall Street estimates. For the three months ended June 30, 2021, DraftKings...

Finance News
Zynga boosts revenue to $720M

Zynga results topped Wall Street estimates Thursday as the publisher keeps its M&A momentum going while reducing its physical presence in San Francisco. Zynga reported second-quarter net income of $27.8...

Finance News
Sportech Plans return of £35.5M to shareholders

Sportech has said it plans to return 35.5 million pounds to shareholders via a tender offer for up to 47.02% of its issued share capital. The circular provides more information...

Finance News
Playtika swings to second quarter revenue jump

Playtika Holding reported second-quarter FY21 revenue growth of 1.3% year-on-year to $659.2 million, beating the analyst consensus of $642.1 million. Revenues from Casual portfolio grew 16% Y/Y, Bingo Blitz increased by 20%...

Finance News
Caesars tops earnings expectations for second quarter

Caesars Entertainment on Tuesday reported second-quarter net income of $71 million, after reporting a loss in the same period a year earlier. Net revenues of $2.5 billion versus $127 million on a GAAP basis...

Finance News
IGT’s second quarter revenue climbs 74%

International Game Technology beat analyst estimates with its Q2 report off what the company calls a progressive recovery in land-based gaming and strong increase in digital/betting activities. Revenue up 74% to over $1.0...

Finance News
Lottery.com operating strategies pay off in second quarter results

Lottery.com provided preliminary results for second quarter 2021 revenue, which is expected to be between $9.1 million and $9.6 million on a reported basis and between $10.0 million and $10.5...

Finance News
bet-at-home posts 9% drop in first half revenue

bet-at-home AG Group has reported revenues of €56.8 million in the first half of 2021, which was down 9% below the prior-year figure €62.3 million. The main reason for this...

Finance News
PointsBet shares surge on revenue and profits upgrade

PointsBet recorded a 182% increase in turnover to $986.1 million in its Q4 results. This was driven by a 63% increase in Australian turnover to $494.8 million and a 956%...

Finance News