Posts From: March 2021

Football Index goes into administration

Football Index has entered administration and been suspended after a market crash at the weekend sparked fury and disgust from investors. In a statement, the company said, the board has...

Finance News
Playtech shares sink on €73m loss

Playtech has announced its results for the full year 2020, indicating a major slowdown in most key business units. Playtech said a 10.6% fall in B2B revenue to €494.8m, largely due to...

Finance News
Gamesys Group announces strong fourth quarter results

Gamesys Group reported “strong” results for 2020 despite the “unprecedented” challenges set by the Covid-19 pandemic. Revenue was GBP727.7 million, up 75% from GBP415.1 million in 2019. Back in January,...

Finance News
bet-at-home.com sees fall in revenue but maintains bounceback

bet-at-home.com slowed the decline in its revenues in the fourth quarter, helped by a return to growth in the sports betting and online markets. The negative revenue impact of the COVID-19 pandemic was clearly...

Finance News
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