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Tag Archives: Financial Results

Canada – Loto-Québec bounces back with ‘solid results’

For the first quarter of the 2021–2022 fiscal year, Canadian operator Loto-Québec generated total revenues of $401.3m, up $243.9m, up 154.9 per cent compared to the same period last year, during which most of the corporation’s activities were shut down. This is a decrease of $254.9m or 38.8 per cent compared to the first quarter…

Greece – Lottery driving 34.4 per cent increase for Intralot

Greek betting operator Intralot generated first half revenue of €202.6m, up 34.4 per cent on last year’s figures with the lottery being the largest contributor, comprising 59.5 per cent of the company’s revenue, followed by Sports Betting which contributed 18.3 per cent to Group turnover for the six-month period. Technology contracts accounted for 12.2 per…

Finland – Veikkaus keeps profit steady despite COVID uncertainty

Finnish state owned gambling entity Veikkaus saw its financial profit for the period from January to June (€330.2m) remain at the level of the respective period in 2020, down 0.8 per cent. The restrictions and special arrangements due to the coronavirus pandemic, as well as the sustainability measures the operator decided to take had a…

US – Nevada smashes its all-time personal best with fifth month of $1bn plus gaming

Fuelled by the return of live entertainment and one-off sporting events, Nevada’s casinos enjoyed the best month in their history in July with revenues surpassing the $1bn mark for the fifth successive month and the Strip generating its best ever month. July 2021 surpassed the previous record for Nevada set in May of $1.23bn whilst…

US – COVID takes 20 per cent swipe at Indian gaming’s 2020 revenues

National Indian Gaming Commission (NIGC) Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland released the Fiscal Year 2020 (FY 2020) overall Gross Gaming Revenue (GGR) figure with 2020 revenues totaling $27.8bn, representing a decrease of 19.5 per cent over FY 2019. The COVID-19 pandemic impacted the FY 2020 GGR results. Unlike previous years, the…

UK – Inspired enjoys growth across all segments as UK, Italy and Greece reopen

With all constraints on betting shops, pubs and holiday parks in England lifted on July 19, Inspired delivered year-over-year growth across all segments in the second quarter 2021. The Interactive business continued to display strong performance, and sequential growth, in all major markets, with revenue of $5.8m, an increase of 69 per cent year-over-year, due…

China – Galaxy forced to delay opening of Galaxy Macau Phase 3 despite GGR bouncing back

Whilst delighted that second quarter revenues were rebounding, Macau operator Galaxy Entertainment has confirmed that COVID has delayed the unveiling of Galaxy Macau Phase 3 until 2022. The company said limitations on workforce access due to the COVID-19 pandemic has caused the delay to the project, that will include the Galaxy International Convention Center, several…

UK – Entain delivers 22nd consecutive quarter of double-digit online growth

Entain has posted H1 net gaming revenue of £1.792bn, up 11 per cent on a year ago, with underlying Ebitda climbing 12 per cent to £401.1m and profit after tax rising by £69m to £90.9m. Online NGR was up 28 per cent to £1.587bn – sports rising 55 per cent to £751.1m and gaming 10…

US – Scientific sees 63 per cent growth as it closes in on selling sports betting and lottery

Scientific Gaming’s second quarter consolidated revenue came in at $880m compared to $539m, up 63 per cent compared to the prior year period with the gaming business delivering over 300 per cent growth compared to the prior year period and 50 per cent growth compared to the prior quarter driven by the strength of our…