Penn National acquires Score Media & Gaming
Penn-Score acquisition + Q2 The top line Penn National is buying Toronto-listed Score Media & Gaming for $2bn in cash and shares. The deal will complete in Q122. Penn said it expects the deal to add c$200m in EBITDA within two years and $500m-plus at maturity. As per the pre-announced earnings last month, Q221 revenue […]
Gamenet bemoans lack of license visibility
The top line Group revenues were down 61% to €57m, pre-tax losses were €32.7m compared to profits of €11.7m in Q1 2020. EBITDA was down 73.9% to €11.3m, all figures were caused by lockdowns, the group said. Online accounted for 99.7% of the group’s revenues at €56.9m and growth of more than 100% YoY. Online […]