Sportradar nets NBA 10-year deal
Sportradar Q3 The top line Revenue up 30% YoY to $158.7m (€136.8m) and adj. EBITDA up 21% to $24.2m (€20.9m). During the period, Sportradar completed its Nasdaq listing raising $546m. FY21 revenues expected at between $641-644m, adj. EBITDA at $115.4-117.7m. US revenues up 119% to €19.6m, RoW betting up 24% to €78.6m and RoW AV […]
Aristocrat buys Playtech for £2.7bn
The top line The deal values Playtech at 680p a share which represents a 58.4% premium to the share price on Friday. The £2.1bn offer will also see Aristocrat take over Playtech’s ~£600m of debt. The valuation is 11.4x EBITDA for the 12 months to June. The deal has been unanimously accepted by the Playtech […]
Aristocrat home on the range
The top line Revenue for the six months to March fell 1% to A$2.23bn but on a constant currency basis it rose 11%. EBITDA rose 6% to A$750.3m with EBITDA margin rising 230bps to 33.7%. Net profit after tax (NPAT) rose 18.4% to A$362.2m Revenues derived from gaming represented 46% of total group revenue while […]