Posts From: July 2021

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
Sazka Group seek London IPO

Sazka is looking at an initial public offering in London to help fund growth in its existing European markets and reach new ones. Sazka, owned by Czech investors Karel Komarek’s...

Finance News
GAN enjoys strong second quarter performance

GAN announced strong preliminary results for the second quarter of 2021 driven by its new Business-to-Consumer B2C segment, which comprises Coolbet. Based on preliminary financial results, the company currently expects...

Finance News
Betsson posts record revenue jump in second quarter

Betsson expects revenues to amount to SEK 1,735-1,755 million delivering its strongest quarter in terms of EBIT, which is higher than current consensus, fueled by a strong sportsbook activity as...

Finance News
Entain raises financial guidance after trading jump

Entain increased its guidance for full-year earnings after a strong performance from the gambling group in the first half. Total net gaming revenue rose 11% in the six months to...

Finance News
888 shows strong momentum in first quarter

888 Holdings said trading in the coming months may be affected by the end of lockdown and changes in regulation across its markets. Revenue growth of 10%, driven by continued success...

Finance News
Rank Group secures £25m revolving credit facility

Rank Group has announced that it has signed a new two year £25m revolving credit facility agreement with Lloyds Bank plc.  The facility provides the Group with additional liquidity and...

Finance News
Playtech receive $250 Mln offer for its financial trading arm Finalto

Gopher Investment a 4.97% shareholder in Playtech plc and an affiliated entity of TT Bond Partners, has announced that it has made an indicative offer to the Board of Directors...

Finance News
Rank Group trades in line with expectations

Rank Group said venues were trading above cash breakeven and that it expects trading to continue to improve as social distancing and international travel restrictions are eased. In Grosvenor, like-for-like...

Finance News
Scientific Games to divest lottery and sports betting businesses

Scientific Games with the support of its Board of Directors, including Executive Chair Jamie Odell and Executive Vice Chair Toni Korsanos, intends to divest its Lottery and Sports Betting businesses.  Scientific Games is evaluating...

Finance News