Page 5 - Evolution Gaming Group News Today

By Reuters Staff 1 Min Read STOCKHOLM, April 26 (Reuters) - Sweden’s Evolution Gaming Group AB reported a 150% jump in first-quarter core earnings, beating market estimates, as the pandemic boosted demand for online casino games, particularly in Asia and the United States. Evolution Gaming, which develops and licenses casino games such as online slot machines and roulette games, said quarterly EBITDA rose to 160.1 million euros ($193.27 million) from 64.1 million a year ago, beating the mean ...

UPDATE 2-European shares end lower as UBS unveils Archegos hit, travel stocks soar Reuters 10 hrs ago * UBS ends at a two-month low Popular Searches * Global markets in holding pattern ahead of Fed (Updates to market close) By Sruthi Shankar and Ambar Warrick April 27 (Reuters) - European stocks ended a shade lower on Tuesday as optimism over strong British earnings was offset by UBS disclosing a hit from dealing with U.S. investment firm Archegos, while travel stocks scaled record highs on h...

April 12, 2021 Swedish iGaming innovator Evolution Gaming Group AB has announced the signing of an agreement worth approximately $536 million that is destined to see it purchase smaller Australian rival Big Time Gaming Proprietary Limited. The Stockholm-listed firm used an official press release to detail that the arrangement is expected to close during the second quarter of the year after it has handed over some $95.3 million in cash as well as shares valued in the region of $166.8 million to ...

Evolution progresses with €450m takeover of Big Time Gaming Share Big Time Gaming for a total cash bid of up to €450 million. Identified as a ‘thought leader in online slots,’ the acquisition of Big Time Gaming will enable Evolution to take advantage of popular titles such as Bonanza and Extra Chilli as well as the Game Mechanic Megaways, which is integrated into over 200 games from multiple developers. Big Time Gaming’s 2020 revenue totalled €33 million with an EDITDA of €29 mil...

Evolution progresses with €450m takeover of Big Time Gaming Share Big Time Gaming for a total cash bid of up to €450 million. Identified as a ‘thought leader in online slots,’ the acquisition of Big Time Gaming will enable Evolution to take advantage of popular titles such as Bonanza and Extra Chilli as well as the Game Mechanic Megaways, which is integrated into over 200 games from multiple developers. Big Time Gaming’s 2020 revenue totalled €33 million with an EDITDA of €29 mil...

Casinos are built to invite you in with gigantic LED signs and animated displays. During Live! Casino Philadelphia‘s grand opening, strobe lights outside the entrance pointed toward the heavens and could have guided the Rocky statue to the state’s newest casino. However, the home of one of the most anticipated arrivals for gamblers in Pennsylvania is quite different. To go there, you need an invite, temperature checks, a trip through a maze of hallways, a ride up a freight elevator, an e...

Wall Street estimates haven’t budged for Zoom in months and the stock is trading around 27% below its 2020 peak. Amazon has flat-lined since September, with news of surging sales and profit eliciting shrugs from analysts. There are similarities in Europe. Delivery Hero is about 16% below a January peak, while France’s Ubisoft Entertainment SA and UK online grocer Ocado Group Plc have fallen back after results failed to provide fresh catalysts. But some of the region’s pandemic winners ...

A year after Covid crash, pandemic losers are the new winners Top Searches A year after Covid crash, pandemic losers are the new winners Bloomberg / Feb 20, 2021, 14:56 IST FacebookTwitterLinkedinEMail Rebounds in shares that were the hardest hit during the early days of the crisis have helped equity benchmarks around the world climb to near record highs. (File photo) NEW DELHI: A year after Covid-19 reordered world markets, sparking a brutal selloff for many stocks and creating new lockdown d...

Thursday, February 11, 2021 Marisa E. Poncia Despite initial obstacles because of the COVID-19 pandemic, 2020 rounded out to be the busiest year for mergers and acquisitions (M&A) enforcement in the United States in nearly two decades. In the fourth quarter, US agencies challenged five transactions. November 2020 saw the most premerger filings in any month since 2001. Mergers and filings in the United States are predicted to remain at high levels into the new year in light of the curr...

Fourth quarter of 2020 (Q4 2019)            Operating revenues increased by 68% to EUR 177.7 million (106.0)            EBITDA adjusted for non-recurring items amounted to EUR 115.6 million (55,8), an increase with 107%, for a margin of 65,1% (52,7%)            Non-recurring acquisition and restructuring costs amounted to EUR 19.4 million            EBITDA including non-recurring items increased by 72% to EUR 96.2 million (55.8), corresponding to ...