Posts From: March 2021

888 reports surging betting revenues

888 Holdings posted higher annual adjusted core earnings on Thursday and signalled strong momentum in 2021 so far, as more people shifted to online betting during the pandemic. Pre-tax profit...

Finance News
Flutter reportedly seeking advisers for possible FanDuel IPO

Flutter said on Saturday it is considering a stock market listing of its U.S. FanDuel business. It was making the disclosure in response to media speculation about a possible FanDuel...

Finance News
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