Tag Archives: London AIM

Efficiency & Cost focus helps NetPlay TV post profits in 2015

Declaring its full-year 2015 results (period ending 31 December), interactive gambling operator NetPlay TV posted net revenues of £26.4 million down 4% on FY 2014’s £27.4 million. The London AIM-listed operator who in 2015 had undertaken a corporate restructure focusing on cost savings and operational efficiencies, reversed its FY earnings results posting corporate profits of £600,000 (FY 2014: – £100,000). NetPlay …

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Nektan to reverse corporate losses with completion of significant partner contract

Issuing a market update for its six month H1 2015/16 performance (period ending 31 December), London AIM mobile gaming operator Nektan Plc has reported that its operational losses increased to £3.6 million. The losses represent a 55% increase on its comparative H1 2014/15 results of -£2.3 million. However, Nektan governance were encouraged with the firms revenue performance which had increased …

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NetPlay TV positive of improved 2015 trading

The governance of Interactive gambling operator NetPlay TV has stated that the company is on course to meet its corporate expectations for 2015. Issuing a market update on Thursday, NetPlay TV governance noted that key performance metrics were strong, with positive net gaming revenues and EBITDA revenues to be announced in its upcoming year end 2015 statement. In 2015 the …

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XLMedia beats 2015 market guidance

Reporting a strong finish to 2015, London AIM listed online gaming marketing services provider XLMedia Plc lifted its year end guidance, outlining that its core performance metrics would beat market expectations. XLMedia governance detailed that its FY 2015 revenues would reach an estimated $87 million (£60 million). Its strong revenue growth, would be further supported by EBITA earnings of circa …

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bwin.party shareholders green-light GVC acquisition

bwin.party Entertainment shareholders have formally approved the firm’s £1.1 billion acquisition by London AIM listed operator GVC Holdings (GVC). Hosting a shareholder ‘extraordinary meeting’, bwin.party governance announced that 99.99% of its investors approved in favour of the reverse takeover by GVC. GVC and bwin.party governance will now work together to officially complete the deal by Q1 2016 and begin the …

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GVC reports record daily revenue gains as bwin.party acquisition nears

Issuing a trading update London AIM listed online gambling operator GVC Holdings has reported record daily net gaming revenue gains (NGR) for its nine month 2015 activity (period ending 30 September). As GVC governance moves to complete its £1.1 billion acquisition of bwin.party Entertainment assets, the operator disclosed an 11% uplift to its daily NGR to €670,000 (Q1-Q3 2014 period – €606,000). GVC’s online …

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Proprietary platform drives Gaming Realms H1 2015 revenues

Mobile gambling specialist Gaming Realms recorded an 89% revenue increase to £8 million in its H1 2015 performance, up 89% on H1 2014 £4.2 million. Gaming Realms governance detailed that its improved revenue performance had been driven by an uplift in white label activities combined with the success of its newly integrated proprietary platform. The London AIM listed operator which …

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bwin.party accepts GVC’s £1.1 billion takeover offer

bwin.party Entertainment governance has accepted GVC’s £1.1 billion takeover offer, in preference of bid competitor 888 Holdings £908 offer. Following a review by bwin.party on the conditions of GVC’s cash and shares offer valued at 125.5p per share, bwin.party governance will now push to clear GVC bid as the best offer for its shareholders. Bwin.party Chairman Philip Yea said in …

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Strong sports betting performance drives GVC H1 revenues up 15%

London AIM listed igaming group GVC Holdings, the operator competing against 888 Holdings for the takeover of bwin.party Entertainment, today published its Interim H1 2015 results. Reporting to the market, GVC recorded a 18.6% increase in wagering to €824 million (H1-2014: €694 million) for the period. A strong H1 wagering performance would lead to improved performance throughout all core GVC …

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Joel Leonoff – Optimal governance seeks further acquisition targets

Having announced a revenue up lift of 40% to $223 million (£144 million), combined with adjusted corporate profits of $37.3 million (£24 million) for its H1 2015 performance. Optimal Payments CEO Joel Leonoff has stated that company governance is on the lookout for its next target, as Optimal aims for entry into the London FTSE 250. Having completed its €1.1billion …

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