Posts From: August 2021

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
Bally’s reports record revenue of $267 million in second quarter

Bally’s Corporation on Monday reported second-quarter net income of $68.9 million, after reporting a loss in the same period a year earlier. For the three-month period ending June 30, 2021, Bally’s estimates that...

Finance News
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