Posts From: March 2021

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
DraftKings shares surge as earnings beat expectations

DraftKings has revealed a better than expected fourth quarter and raised its 2021 sales guidance as sports wagering bounces back from the pandemic. Revenue rose to $322.2 million from $130.9...

Finance News
Webis Holdings bounces back into profit

Isle of Man based Webis Holdings operator of WatchandWager.com returned to profit in the six months to the end of November as the amounts wagered in the period rose 20%...

Finance News
UK online gaming revenue hits record high in 2020

The UK Gambling Commission has published further data showing how the further tightening of Covid-19 lockdown measures has impacted online gambling behaviour in Great Britain. The data reflects the period...

Finance News