Posts From: April 2021

FDJ sees betting revenue jump

French operator FDJ regained a higher level of stakes than before the crisis in 2019. The momentum should continue, in particular thanks to a dense sports calendar and the increase...

Finance News
Bally’s prices stock offering ahead of Gamsey acquisition

Bally’s Corporation has priced its previously announced public offering of 11,000,000 shares of its common stock at $55.00 per share. The offering is expected to close on April 20, 2021, subject to customary closing...

Finance News
Entain momentum holds up in strong first quarter

Entain has reported a strong start to the year with across its major online markets in its first quarter trading report. Online net gaming revenue was up +33% which marks...

Finance News
theScore posts 16% revenue drop-off in second quarter

Sports media and betting company theScore announced a 491% year-over-year gaming handle increase in Q2, reaching $81.6 million for the three and six months ended February 28, 2021. “We achieved record...

Finance News
Gamesys posts strong first quarter ahead of Bally’s takeover

Gamesys Group has announced an update on Q1 trading for the three month period ending 31 March 2021. The Group reported a strong performance in Q1 2021, with total revenues...

Finance News
Tombola posts 15% revenue rise

Online bingo operator tombola has reported an increase in revenue to £120.1m up 15% from £104.4m in the previous year as the group continues to thrive and grow its market share...

Finance News
OPAP posts profit despite impact of the COVID-19 pandemic

OPAP reported revenues in FY 2020 stood at €1,129.8m lower by 30.3% y-o-y. GGR came in at €230.9m decreased by 48.3% y-o-y as a result of the imposed lockdowns on...

Finance News
Bet365 boss takes home UK’s biggest ever pay packet, despite profits slump

Bet365 Group has seen its record-breaking results streak come to an end, after revenue fell to £2.8 billion. The company’s accounts for the 53 weeks to March 29, 2020, reveal...

Finance News
Sportech swings to loss as pandemic hits revenue

Sportech has posted a £2.3mln loss for 2020, revenue also dropped 41% to £20.0mln. “COVID-19 created unprecedented challenging conditions for our businesses and the industries we serve,” said chief executive...

Finance News
Bragg Gaming Group announces plans to list on NASDAQ exchange

Bragg Gaming Group has announced that the company has filed an application to list its common shares on The NASDAQ Stock Market. Bragg is seeking authorization from shareholders to grant...

Finance News