Posts From: June 2021

UK Government provide £21.5m loan to support British Racing

British racing’s leaders and the Horserace Betting Levy Board (HBLB) have announced details of HBLB’s agreed deployment of £21.5 million of loan funding secured from the Government’s Sport Winter Survival...

Finance News
Condere takes SPAC route to listing

Codere Online Luxembourg, S.A and their consolidated subsidiaries and Codere Newco, S.A.U. have entered into a definitive business combination agreement with DD3, a publicly-traded special purpose acquisition company, that will...

Finance News
Sportnco sees revenue jump 37%

Sportnco is delighted to announce a 68% increase in EBITDA from €3.7m to €6.1m in 2020, following approval of its consolidated accounts at its shareholders assembly. Sportnco’s revenues, which rose...

Finance News
Sazka first quarter revenue rises 30%

European lottery operator SAZKA Group has reported a 30% per cent increase in gross gaming revenue to €526 million EBITDA increased by 20% year-on-year to €133 million. Adjusted EBITDA was...

Finance News
Smaekets secures investments from Susquehanna Growth Equity

Smarkets has announced the closing of a significant minority investment from Susquehanna Growth Equity (SGE).   Having raised just £3.8m ($5.4m) since its inception in 2008, with its Series A round...

Finance News
UK National Lottery annual sales surpass £8bn

Camelot UK Lotteries announced record National Lottery sales of £8,373.9 million for the 2020/21 financial year (1 April 2020 to 31 March 2021), an increase of £468.8 million. Total National...

Finance News
Intralot’s first quarter revenues rise 9 percent

The Greece-based gaming and lottery supplier Intralot has reported a 9% rise in first quarter revenue to €102.0m. Adjusted EBITDA was €20.8m up 56.4%. Net income after tax and minority Interest from continuing operations...

Finance News
Playmaker debuts on TSX Venture Exchange

Playmaker the Toronto-based, newly-listed digital ecosystem for sports fans is pleased to announced that trading in its common shares on the TSX Venture Exchange will commence today at 9:30 a.m. under...

Finance News
Paf tightens loss limits despite revenue drop

2020 was an extreme year for Paf in so many ways. Large sections of Paf’s operations were shut down during some periods of the year or they operated with severe...

Finance News
LeoVegas to buy back up to €10m worth of shares

Malta-headquartered LeoVegas has decided to exercise the authorisation to repurchase own shares granted to it by the company’s Annual General Meeting on 11 May 2021. LeoVegas intends to repurchase shares...

Finance News