Finansinspektionen, Sweden’s Financial Supervisory Authority, has approved the prospectus of Gaming Innovation Group (GiG) to list SEK 450 million (€45m) of senior corporate bonds on the Stockholm Nasdaq on 8 December. Last May, GiG governance disclosed that it would pursue issuing a three-year SEK 450 million senior-secured bond placement with a maximum borrowing capacity of SEK 550 million (€55m). GiG …
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bet-at-home sees no summer bounce as DACH taxes drain recovery
bet-at-home AG has maintained its full-year 2020 revenue and earnings outlook despite all corporate metrics trading below 2019 comparatives, as the DACH markets bookmaker returns to full operating capacity. Publishing its latest Q1-Q3 2020 trading statement, bet-at-home has recorded group revenues of €93 million, tracking 13% below 2019’s €107 million. Despite its revenue downturn, which the operator attributed to COVID-19 …
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