Posts From: July 2021

Gambling.com sets terms for $90 million IPO

Gambling.com Group announced today the pricing of its initial public offering of 5,250,000 ordinary shares offered by the Company at a price of $8.00 per ordinary share. The underwriters of the offering...

Finance News
Betsson reports record second quarter results

Betsson has reported a record second quarter, group revenue was SEK 1,751.6 (1,532.8) million, an increase of 14%. Significant contributions to growth include an increase in sportsbook revenue of 125%. Operating...

Finance News
Lotto24 announces initial plan to delist shares

Lotto24 plans to withdraw from the Frankfurt Stock Exchange. For this purpose, Lotto24 has concluded a delisting agreement with ZEAL Network SE which holds approximately 93% of the Lotto24 shares....

Finance News
Kindred Group reports slight increase in harmful gambling revenue

Kindred continue to focus on contributing to a more sustainable gambling market through an open and fact-based discussion across industry stakeholders. In the second quarter of 2021, Kindred’s share of...

Finance News
Svenska Spel gaming revenue jumps 18%

Svenska Spels net gaming revenues for the quarter are SEK 1,938 M (1,643), an increase of 18 percent compared with the same quarter last year.  The operating profit of SEK...

Finance News
bet-at-home lowers full-year guidance as regulation impact financials

bet-at-home.com has lowered its full year revenue guidance based on the business development in the first half of 2021 and against the backdrop of the following influencing factors,. Gross betting...

Finance News
theScore sees third quarter media revenue jump 270%

Score Media and Gaming has reported total revenue for Q3 2021 of $6.4 million, with record Q3 media revenue of $8.9 million partially offset by negative net gaming revenue of...

Finance News
Gambling.com Group launches US IPO

Gambling.com Group has commenced an initial public offering of 7,500,000 ordinary shares offered by the company and certain selling shareholders. he underwriters of the offering will also have a 30-day option...

Finance News
Las Vegas Sands announces investment push for online gaming

Las Vegas Sands said it is building a team to invest in digital-gaming technologies focused on the business-to-business space. The team will be led by Davis Catlin, who is joining...

Finance News
Raketech announces new €15m revolving credit facility

Raketech has signed a one-year revolving credit facility of EUR 15 million with Avida Finans AB. The credit facility enables Raketech to continue to grow through strategic acquisitions and can...

Finance News