Posts From: February 2021

Aspire Global hits record revenue, amid massive year of growth

Aspire Global has reported a 37.6% increase in revenue during the fourth quarter to €44.4 million. EBITDA increased by a staggering 89.9% to €8.3 million. EBIT increased by 100.4% to...

Finance News
Matt Tripp buys into ASX-listed Betmakers

BetMakers Technology has raised a further $75 million in capital and announced a new partnership with online wagering industry leader Matt Tripp. BetMakers is currently engaged with a number of...

Finance News
Tabcorp sees profit fall despite revenue gains

Tabcorp Holdings have announced a profit of $185m for the six months ended on December 31, 2020 down 7%. Retail wagering turnover dropped 28 per cent, but its online betting...

Finance News
FDJ turnover falls 7% as Covid-19 closures bite

French operator La Française des Jeux (FDJ) has posted a 7% drop in revenue to €16bn and net revenue down 6% to €1.9bn. EBITDA totalled €427m, online stakes continued their strong momentum,...

Finance News
Svenska Spel revenue drops 11% due to COVID-19

Svenska Spel has reported an 11% year-on-year net gaming revenue decraese of SEK 7,674 m. Operating profit of SEK 690 m, is a decrease compared with the same quarter last...

Finance News
Gaming Realms reports strong revenue growth

Gaming Realms today announced a pre-close trading update for the full year to 31 December 2020. The Company expects FY20 revenue and adjusted EBITDA will be £11.2m and c.£3.1m respectively. This reflects...

Finance News
Kindred Group posts 54% full-year revenue rise

Kindred Group this morning reported gross winning revenues of  £364.7 million, an increase of 54 per cent. Underlying EBITDA was £286.8 million. A new record in active customers and solid performance across all...

Finance News
Golden Nugget Online reports 63% rise in full-year revenue

Golden Nugget Online Gaming has reported preliminary financial results for the full year 2020. For the twelve months ended December 31, 2020, GNOG reported the following unaudited estimates total revenue of...

Finance News
Sportech to focus on growth in US

Sportech has announced a pre-close update in respect of the financial year ended 31 December 2020. The Board notes that the Group continues to drive operational efficiencies through all its...

Finance News
MGM-Backed Playstudios Agrees to $1.1 Billion SPAC Deal

Casual and social casino developer-publisher PlayStudios is to list publicly on the Nasdaq stock exchange at a valuation of approximately USD$1.1bn (£803m), via a merger with the Acies Acquisition Corp. Special purpose...

Finance News