Tag Archives: NASDAQ

Completing its first full year as a Nordic Nasdaq-listed enterprise, LeoVegas Group AB has recorded strong organic growth within its product verticals as the company seeks to expand its footprint beyond its home markets of Scandinavia. Presenting its Q1 2017 financial update (period ending 31 March), LeoVegas would announce a corporate revenue lift of 49% to €44 million (Q1 2016: …

Issuing a market update, the governance of Stockholm Nasdaq-listed Betsson AB has informed that the company has changed its investor dividend policy ‘in order to increase the company’s financial capabilities’ in order to be active in the consolidated European online gambling sector. The new dividend scheme will be applicable as of this year and will see Betsson governance reduce its …

Kambi Group Plc Chief Executive Kristian Nylén has stated that 2016 was the perfect period for his firm to test its services against its market competitors, detailing the high wagering activity recorded during the UEFA Euro 2016 football championships (June – July) and Rio Olympics (August). Publishing a forward-looking statement on Kambi’s ‘2016 Annual Report’, Nylen details that corporate governance …

Publishing its full-year 2016 results, Nasdaq-listed Scientific Games Corp (SGC) has reported group net losses of $110 million for its Q4 2016 performance (period ending 31 December). The industry games machine manufacturer reports that its losses were incurred despite combined SGC divisions reporting a fifth straight quarter of revenue growth to $752 million (Q4 2015: $737 million). Closing its full-year …

Closing its full-year 2016 performance, the governance of Caesars Entertainment Corp (CEC) has posted net operating losses of $2.7 billion, with the gambling operator detailing that it had paid $5.7 billion in accruals for bankrupt division Caesars Entertainment Operating Company (CEOC). CEC would record full-year 2016 corporate revenues of $3.9 billion, driven primarily by its Las Vegas portfolio. The company …

Continuing sector trends, Nordic Nasdaq-listed sports betting platform and software supplier Kambi Group is the latest industry stakeholder to have been impacted by unfavourable sporting results this December. A tough closing to its full-year 2016 performance, saw Kambi record an operating EBIT of €1.8 million down from Q4 2015’s corresponding €3.3 million. The industry supplier detailed that adverse sports results …

Issuing a corporate update Nasdaq-listed Scientific Games Corporation (SCG) has confirmed that it has completed its $20 million acquisition of industry progressive systems and table games manufacturer DEQ Systems Corp (deal first announced September 2016). Updating investors, SCG governance stated that DEQ’s current gaming inventory would be integrated within the firm’s existing services portfolio, boosting SCG’s provisions in proprietary table …