Tag Archives: NASDAQ

BetonFinance.com aims to make ‘financial markets available to the man on the street’

Danish firm Fitbetco ApS has announced the international launch of subsidiary BetonFinance (BetOnFinance.com), a new betting product allowing consumers to bet on financial markets and win tax-free profits. Developed by a team of with over 30 years’ experience in financial trading and betting,  BetonFinance launches internationally with the corporate aim of “making financial markets available to the man on the …

Read More »

Kambi declares strong H1 driven by client growth

Stockholm Nasdaq-listed online sports betting solutions provider Kambi has closed a successful first half to 2016, stating that its corporate performance has been driven by ‘exceptional operator turnover growth’. Presenting its Q2 2016 interim results (unaudited period ending 30 June), Kambi would declare group revenues of €13.7 million (up 28% on Q2 2015: €10.7 million). Its uplift in revenues would …

Read More »

Baidu under investigation for promotion of betting websites

The Cyber Administration of China (CAC) regulator of digital services, is reported to be investigated Chinese media giant Baidu regarding the advertising of illegal gambling sites on its search engine listings. Chinese governmental concerns have arisen following numerous cases of illegal online gambling and betting operators being promoted on Baidu listings, breaching national gambling laws. Baidu, China’s largest search engine …

Read More »

Scientific Games boosts income & cash-flow despite currency exchange impacts

Nasdaq-listed Scientific Games Corporation has stated that integration initiatives and cost focused synergies implemented in 2015 have helped the company record an income boost of $50 million up 178% on Q1 2015’s $18 million. Updating the market on its Q1 2016 performance (period ending 31 March), Scientific Games reported growth on revenue and earnings ‘metrics, despite being impacted by unfavourable …

Read More »

LeoVegas gains 30,000 shareholders on Stockholm Nasdaq debut

European mobile gaming specialist LeoVegas has announced that its Stockholm Nasdaq First North Premier initial public offering was significantly oversubscribed as the operator hit peak trading of SEK 38.6 (£3.30) per share. Debuting trading under the ticker name ‘LEO’, LeoVegas AB had opened its Nasdaq trading at SEK 32 corresponding to its market value of SEK 3.19 billion (£275 million). …

Read More »

Market downcast on Caesars Entertainment’s future outlook

The share price of embattled gambling operator Caesars Entertainment has dropped 10% to a $7.60 – $8.08 range as markets reacted negatively to the operator’s Q3 performance update (period ending 30 September). Despite recording a 12% increase in revenues to $1.14 billion (£750 million), NASDAQ traders saw no positives for the operator which posted quarter net loss of $756 million …

Read More »

DJI Holdings moves for secondary listing on US NASDAQ

Governance of Chinese focused lottery provider DJI Holdings is seeking a secondary listing on the US NASDAQ exchange. The specialist in Chinese sports lotteries views the NASDAQ listing as key to enhancing its market liquidity and developing a stronger investor base for future growth plans. DJI Holdings’ governance outlined that the aimed to complete the listing by first quarter 2016. Chief …

Read More »

Melco Crown delists from Hong Kong Exchange

Australian gambling operator Melco Crown has issued a corporate statement, confirming that conditions for its delisting from the Hong Kong Stock Exchange had been met as of 26 June. Today will represent the last day of trading by Melco Crown, as the operator expects to be fully withdrawn from the Asian exchange by 4pm Friday 3 July. In January Melco …

Read More »

Amaya receives approval for Nasdaq listing

Amaya Gaming Inc has confirmed that it has been approved listing on the Nasdaq Stock Market LLC The operating company of PokerStars and Full Tilt igaming brands stated that it expects trading to commence on June 8, 2015 under the symbol “AYA“. The Corporation’s common shares will also continue trading on the Toronto Stock Exchange under the symbol AYA. “Our listing on …

Read More »

Kambi looking at real time analytics

Kristian Nylén, CEO of NASDAQ-listed sportsbook technology supplier Kambi, has said that his firm’s fourth quarter performance underlines the success of its business model. Revenue amounted to €9.3m for the fourth quarter of 2014, an increase of 52%, and €36.0m for the full year 2014, an increase of 70%. It also meant that the company edged into profit for both …

Read More »