Login/Register
NetEnt
NetEnt
Fast Track
Quickspin

Intertain posts CAD$226.9m loss despite strong 2015 trading

10th March 2016 10:16 am GMT

Despite posting full year revenue ahead of its previous guidance, Toronto-listed online gaming operator Intertain has reported a net loss of CAD$226.9m for 2015, due in part to significant goodwill impairments and fair value adjustments relating to the Jackpotjoy, Mandalay and InterCasino businesses.

The loss was primarily related to the goodwill impairment expense of $36.7m for InterCasino, the fair value adjustment of $114.3m related to the Jackpotjoy contingent consideration, and the amortization of [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Skywind Group
Pragmatic Play
Playtech
SBTech