Posts From: May 2021

Wynn to take online business public in SPAC merger

Wynn Resorts and Austerlitz Acquisition Corporation have announced that they have entered into a definitive agreement under which Austerlitz I will combine with Wynn Interactive a subsidiary of Wynn Resorts,...

Finance News
Acquisitions drive Bally ‘s first quarter revenue

Bally’s posted revenues of $192.27 million for the quarter ended March 2021 this compares to year-ago revenues of $109.15 million. The company has topped consensus revenue estimates three times over...

Finance News
Scientific Games reduces losses in first quarter

Scientfic Games first quarter consolidated revenue was $729 million compared to $725 million, up 1% compared to the prior year period. Lottery, SciPlay and Digital businesses delivered double-digit revenue growth. Digital revenue increased 12% and...

Finance News
DraftKings scores on first-quarter Results

DraftKings has reported better-than-expected revenue for its first quarter, and raised its full-year revenue guidance. For the three months ended March 31, 2021, DraftKings reported revenue of $312 million, an increase...

Finance News
Penn National reports 15% rise in full-year online revenue to $1.2bn

Penn National Gaming on Thursday reported first-quarter net income of $91 million, after reporting a loss in the same period a year earlier. For the first quarter ended March 31,...

Finance News
LeoVegas first quarter revenue up 8%

LeoVegas has reported by an increase in revenue 8% to EUR 96.7m.  Adjusted EBITDA was EUR 10.9m. Reported EBITDA was EUR 10.4 m. The number of depositing customers was 462,386...

Finance News
Zynga posts revenue increase as losses narrow

Zynga reported that its first-quarter net loss narrowed to $23 million from $103.9 million. Total revenue for the quarter grew to $680.3 million from $403.8 million last year. Record average...

Finance News
Aspire Global reports ‘record quarter’ as revenues jump

Leading iGaming solutions provider Aspire Global has reported a record 42.6% increase in revenue during the first quarter to €48.1m driven by strong development in all segments. EBITDA climbed 64.2%...

Finance News
bet-at-home.com revenue falls 5.5%

Frankfurt-listed operator bet-at-home.com has posted gross betting and gaming revenue in Q1 2021 of €30.5 million, down 5.5% year-on- year in the first quarter. The EBITDA in the first quarter of 2021 is...

Finance News
Sazka Group posts revenue of £2.2bn

European lottery operator SAZKA Group has reported a 6% per cent increase in gross gaming revenue to €2.2bn in 2020. Excluding CASAG and Stoiximan, GGR decreased by 26% year-on-year due...

Finance News