Posts From: October 2022

STS posts record third quarter revenue of €33.7m

STS Group one of the largest bookmakers in Central Europe and the market leader in Poland – generated NGR of over PLN 458 million in Q1-Q3 2022, compared to nearly PLN 429...

Finance News
French online betting and gaming gathers momentum

Stakes recorded by Française Des Jeux (FDJ) continued their growth momentum in the first half of 2022 and amounted to more than € 10 billion compared to €9.1 billion in the first...

Finance News
Light & Wonder merger with Sciplay sought by Engine Capital

Engine Capital an investor in Light & Wonder and its subsidiary Sciplay is urging the gaming companies to merge in an effort to improve value for their shareholders.  Engine Capital,...

Finance News
FL Entertainment sees first half revenues rise 19%

Betclic owner FL Entertainment has reported first half revenue of €1,801m in H1 2022, up +19% on a reported basis and +15.6% at constant exchange rates Adjusted EBITDA: €301m, up...

Finance News
Scout raise SEK101m through new share rights issue 

Scout Gaming Group AB has announced the outcome of the company’s rights issue of shares corresponding to approx. SEK 101 million in which the subscription period expired on 22 September 2022,...

Finance News
Kings Entertainment shareholders approve Bet99 acquisition

Kings Entertainment Group announces that it has received conditional approval of the Canadian Securities Exchangein connection with its previously announced proposed business combination with Sports Venture Holdings, the parent company...

Finance News
Spreadex sees profits drop by a fifth

Spreadex has reported more than £71.2 million in turnover for the financial year 2022, which ends on May 31.  Speadex ended the year with £22.46 million in net profits, which...

Finance News
Tabcorp share price lifts following $62m eBet sale

Tabcorp is showing off the first fruits of its decision to adopt the Google-made Flutter to underpin its software development, in the form of a new TAB app. The move...

Finance News
BtoBet releases US industry betting report

Leading sportsbook supplier BtoBet has published an Industry Report, with the latest in its betting focus series focusing on the highly appealing US market. The US Betting Focus analyses the...

Finance News
PlayUp agrees to go public in SPAC deal at $350 million value

PlayUp and IG Acquisition a publicly-traded special purpose acquisition company, today announced that they have entered into a business combination agreement and accompanying scheme implementation deed pursuant to which PlayUp will...

Finance News