Posts From: August 2021

Zeal Network reports profit surge

ZEAL Network Germany’s leading online provider of lottery products, achieved further growth in the first half of 2021 thanks to the stability of the business model, with a much weaker...

Finance News
LeoVegas second quarter revenue drops 13%

LeoVegas has reported a 13% drop in revenue to €96.8m for the second quarter of 2021. The situation in Germany coupled to re-regulation, with strict product limitations, and extremely high...

Finance News
Entain hails digital growth as revenue surges 11%

Entain today reported its interim results for the six-month period ending 30 June 2021. Net gaming revenues were up 28% taking it to 22 consecutive quarters of double-digit online growth. Underlying profits...

Finance News
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