BAH looks to German upside
Bet-at-home Q1 The top line GGR was down 5.5% to €30.5m with NGR down 7.4% to €23.6m. EBITDA fell by 23.1% to €6.9m. Consolidated profit was down 24.7% to $4.4m. Guidance for the rest of the year is for GGR of between €106-118m and EBITDA of between €18-22m. Looking to the future in Germany: In […]
Pointing the way
PointsBet Q321 The top line Gross win rose nearly fourfold to A$100.5m (US$78.2m) while net win rose in lockstep to A$64.9m. Net win margin rose by 20bps to 7.2%. Active clients across the business rose from 106k to 286k. US expansion led the way with gross win rising from A$5.6m to A$45.8m. Australia gross win […]
FanDuel outpaces Fox at Flutter
Flutter trading update The top line Revenue up 33% in constant currency terms, sports up 41%, gaming up 22%. UK & Ireland up 35%, Australia up 59%, international up 7% and US up 135%, maintaining number 1 position in the market. Note, this was without almost any land-based contribution as the shops in the UK […]
Beats by Boyd
Boyd Gaming Q121 The top line The Las Vegas to regional casino operator boasted of all-time record results as the company looks to exit the extraordinary Covid period firing on all cylinders. Q1 revenue rose 10.7% to $753.3m, adjusted EBITDAR rose 91.5% to $311.2m. Revenues were down 8.9% on 2019 but EBITDAR was up on […]
Evolution growth
Evolution Q121 The top line Revenues soared 105% YoY to €235.8m (32.8% QoQ rise). EBITDA up 150% to €160.1m (66.4% QoQ). Live casino (77% mix) accounted for the majority of revenue growth, up 60% YoY; RNG (33% mix) up 6% YoY. Integration with NetEnt completed nine months ahead of schedule. All about the margin: The […]