Posts From: March 2021

Entain swings to profit following stateside ventures

Entain said on Thursday that its online business had “significant uplifts as a result of retail closure” and that it expected the shift to online to cover permanent damage to...

Finance News
William Hill revenue sinks 16% amid pandemic

William Hill reported lower first-half profit on Thursday and said it was shutting more shops as it shifts towards online betting and expansion in the U.S. market. Revenue fell 16% to...

Finance News
theScore raises €186 million through NASDAQ IPO

Score Media and Gaming announced the closing of its previously-announced marketed public offering in the United States and Canada, representing the Score’s initial public offering in the United States and...

Finance News
Scientific Games digital revenue rises despite full-year downturn

Scientific Games has reported fourth-quarter loss of $84 million. Net loss widened due to lower revenue partially offset by lower interest expense reflecting the favorable impact of 2019 refinancing activities....

Finance News
Flutter profits slump as betting giant takes pandemic hit

Flutter Entertainment reported a revenue rise of 23%, as it kept its leading position in a booming US market that it said could grow to twice the size previously estimated. ...

Finance News
Sky Bet gives staff £14m in shares for work during pandemic

Sky Betting & Gaming has given its staff a gift of shares as a reward for their work during the pandemic. A spokesman for Flutter confirmed a report in the...

Finance News
Kindred Group announces SEK190m share buyback programme

Kindred Group has decided to start exercising the buy-back mandate which was received at the EGM in June 2020. The buy-back programme will run between 1 March and 30 April 2021...

Finance News
Australia and US drive Betmakers revenue growth

Betmakers Technology Group reported a $7.6 million revenue increase for the e half-year ended 31 December 2020, an 88% gain on the previous corresponding period. Underlying EBITDA was $0.04 million,...

Finance News
Playtika grows global revenue to $2.37bn

Playtika reported strong quarterly growth in earnings and revenue for the fourth quarter ended December 31, the first quarterly period as a public company for the maker of casual and social...

Finance News
Scout Gaming share price shoots up on 69% revenue increase

Daily fantasy sports provider Scout Gaming Group narrowed its operating loss in the fourth quarter of the year as revenue climbed 69% to SEKm 16.9. Scout Gaming continues to meet...

Finance News