Posts From: August 2021

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
FDJ reports strong increase in first-half results

FDJ has reported a 33 per cent increase in turnover to €9.16bn, EBITDA was €261 million, i.e. a margin of 24.1% exceptionally boosted by a deferral of commercial expenses to...

Finance News
Bally’s second quarterly revenue surpasses $250m

Bally’s Corporation has reported preliminary unaudited financial results for the three-month period ending June 30, 2021.  For the three-month period ending June 30, 2021, Bally’s estimates that total consolidated revenue will be in the...

Finance News
BetMakers revenue up 272% in Q4

BetMakers Technology Group has reported record revenues of $6,221,685.70 under the conditional commercial agreements with the Waterhouse Group. The Company is also pleased to announce that, as a result, the...

Finance News
XLMeida continues strong online growth

XLMedia has provided the following trading update for the six months ended 30 June 2021.The company continues to make good progress in the current financial year, buoyed by a consistent...

Finance News
Kindred Group Q2 revenue climbs 55%

Kindred Group has reported a Q2 year-on-year revenue rise of 55% to £235.1m. Underlying EBITDA was £114.3m. Profit after tax amounted to £87.1m. “I’m pleased to see yet another great...

Finance News