Catena Media hit by German hindrance
Catena Media Q2 The top line Revenue up 9% to €30.4m, adjusted EBITDA up 1% to €14.9m, margin was down to 49% vs. 53% in Q220. NDCs were up 34% to 140,025 during the period North American revenues were up 37% and accounted for 41% (33% Q220) of group revenue. Organic growth of 9% and […]
Read MoreRank hit hard by the pandemic storm
Rank FY The top line Underlying net revenues dived 50% to £288.2m, tipping the company into an operating loss of £84.5m. Grosvenor Casinos saw a 71% fall in NGR, Mecca Bingo was off by 57%, international venues was down 35% and digital NGR was down 6% to £136.3m. As of the end of June, Rank […]
Read MoreRush Street Interactive: boxing clever
Rush Street Interactive Q2 The top line Revenue was up 89% to $122.8m, net loss was down to $14m vs. $50.6m in Q220. Adjusted EBITDA loss was $6.6m vs -$3.7m in Q220. FY guidance raised to $465-$495m from $440-$480m, implying 72% YoY growth at mid-point. Adjusted advertising and promotions costs were up to $36.9m (30% […]
Read MoreEntain: ‘We’ve delivered’
Entain H1 The top line Net gaming revenues were up 11% to £1.79bn ($2.48bn) while revenue of £1.77bn was up 12%. Underlying EBITDA up 12% to £401.1m. Online revenue up 29% to £1.56bn (the 22nd quarter of consecutive growth). Ex-Germany, online growth was 38%. Retail was down 46% to £191.3m with continued Covid-related closures. BetMGM […]
Read MoreAGA – Gaming to the moon
AGA Q2 The top line US commercial gaming revenue reached a record $13.6bn in Q221 vs. previous record of $11.1bn in 2019. At state level, 22 out of 25 commercial casino states saw GGR increases over the two-year comparison. Slot GGR was up 16.7% on Q219 to $8.7bn, table games GGR up 0.8% to $2.1bn. […]
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