Stocks News


NetEnt to further integrate with Red Tiger, resulting in 120 redundancies

Casino supplier NetEnt is laying off 120 employees in Stockholm and Malta as it fully integrates the recently acquired Red Tiger business, with the restructuring expected to deliver annual savings of SEK150m (€13m).

The company said that the restructuring is in line with its strategy of continuous improvement across all parts of [...]

4 mins read
Playtech Live

Playtech suspends shareholder distributions to strengthen financial position

London-listed gaming operator and supplier Playtech has postponed its share buyback programme and cancelled its final dividend for 2019 as it shores up its financial position.

The company said Thursday that the buyback programme would be postponed until further notice in order to maximise liquidity, with approximately €10m of the €40m programme completed.

This will also [...]

1 min read
William Hill

William Hill suspends dividend as earnings predicted to fall by £100m

London-listed betting and gaming operator William Hill will pay no final dividend to shareholders for the first time in a decade as the company works to minimise the impact from cancelled sports events due to COVID-19.

William Hill said late Monday that it could see a £100m to £110m reduction in 2020 EBITDA as [...]

4 mins read

GAN proposes share consolidation and cash to enable Nasdaq listing

Shares in London-listed gaming supplier GAN gained over 15 per cent on Tuesday after the company released further details of its proposed move from London to the Nasdaq stock market.

The move from London’s AIM market will see GAN UK and its subsidiaries reorganise under a new Bermuda-incorporated parent company, GAN Bermuda, which would be [...]

1 min read

Stake limit speculation causes gaming sell-off

The UK Gambling Commission has dismissed reports that it will impose a maximum stake on online slot games by as early as August of this year, stating that it intends to publish its assessment and next steps on the matter within that timeframe.

The Gambling Commission has long committed to reviewing online staking levels [...]

1 min read

Stateside opportunities boost iGaming stocks in 2019

2019 proved to be a year of big wins and losses for iGaming shareholders as the 50 publicly-listed operators and suppliers which make up the Gaming Intelligence Stock Index saw their combined share prices climb by more than 45 per cent.

1 min read

500.com forms committee to investigate alleged illegal transfers

Shares in lottery operator 500.com slumped by more than 12 per cent in New York Thursday after the company announced an internal investigation into alleged illegal money transfers by consultants.

1 min read

Nektan shares suspended pending results publication

Trading in shares of London-listed gaming supplier Nektan has been suspended after the company failed to publish its audited results for the year ended 30 June, 2019.

1 min read

Webis shares slide as full year turnover declines to $47.3m

London-listed betting and racetrack operator Webis Holding has reported a 13 per cent decline in turnover to US$47.3m for the year ended 31 May 2019.

1 min read

FDJ begins life as a publicly listed company after Paris IPO

Shares in French gaming and lottery operator La Française des Jeux (FDJ) began trading on the Euronext Paris stock exchange Thursday following its successful initial public offering which raised approximately €1.6bn.

1 min read

GAN takes first steps to obtain listing in the US

London-listed iGaming solutions provider GAN is moving forward with plans to list on a recognized investment exchange in the United States as part of its reorganization.

1 min read

La Française des Jeux launches long-awaited IPO

French gaming and lottery operator La Française des Jeux (FDJ) today launched its initial public offering (IPO) on the Euronext Paris stock exchange.

1 min read
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