Posts From: March 2021

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
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