Playtech sets sights on South and North America
The top line – H1 Revenues were down 4% YoY to €457.4m, AEBITDA was up 14% on constant currency to €124.1m and adjusted post-tax profits were up 1460% to €54.6m. Retail closures in Italy were offset by 95% revenue growth to €123.4m and 118% EBITDA growth to €51.6m for Snaitech. On the B2B front revenues […]
Read MoreAsian gaming shock
Xi who must be obeyed: This week’s Chinese government proposals for tighter regulations in Macau knocked a record $18.4bn in combined share price value off Macau’s gaming operators. The new rules will include increased supervision of operators’ daily activities around VIPs and junkets, a raised level of local ownership, restrictions on dividend payments and the […]
Read MoreCatena buy i15 Media
On tick: Catena Media has moved once more to bolster its US presence via the acquisition of the online betting and casino sites of i15 Media for $45m, with $12.5m paid on closing and the rest – including $12.5m of new Catena shares – paid in instalments. Among the portfolio of more than 100 sites […]
Read MoreSports data takes the stage: Sportradar IPO
The top line Sportradar hopes to raise up to $612m via the sale of nearly 22 million shares at between $25-28 which at mid-point would value the business at $8.3bn. In 2020, revenues rose 6.4% to €404.9m ($477.8m) while in H121 revenue rose 42% to €272.1m. Revenues from the U.S. segment grew over 50% to […]
Read MoreThe swimsuit issue
888 H1 The top line Revenue rose 39% to $528.4m while adjusted EBITDA was up 39% to $97.4m. B2C gaming was up 35% to $428.8m, B2C betting up 82% to $80.3m (B2C total up 41%) while B2B rose 8% to $19.3m. UK revenues up 57% to $222.6m, Italy up 82% to $67.9m, the rest of […]
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