Tag Archives: London AIM

XLMedia beats 2015 market guidance

Reporting a strong finish to 2015, London AIM listed online gaming marketing services provider XLMedia Plc lifted its year end guidance, outlining that its core performance metrics would beat market expectations. XLMedia governance detailed that its FY 2015 revenues would reach an estimated $87 million (£60 million). Its strong revenue growth, would be further supported by EBITA earnings of circa …

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bwin.party shareholders green-light GVC acquisition

bwin.party Entertainment shareholders have formally approved the firm’s £1.1 billion acquisition by London AIM listed operator GVC Holdings (GVC). Hosting a shareholder ‘extraordinary meeting’, bwin.party governance announced that 99.99% of its investors approved in favour of the reverse takeover by GVC. GVC and bwin.party governance will now work together to officially complete the deal by Q1 2016 and begin the …

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GVC reports record daily revenue gains as bwin.party acquisition nears

Issuing a trading update London AIM listed online gambling operator GVC Holdings has reported record daily net gaming revenue gains (NGR) for its nine month 2015 activity (period ending 30 September). As GVC governance moves to complete its £1.1 billion acquisition of bwin.party Entertainment assets, the operator disclosed an 11% uplift to its daily NGR to €670,000 (Q1-Q3 2014 period – €606,000). GVC’s online …

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Proprietary platform drives Gaming Realms H1 2015 revenues

Mobile gambling specialist Gaming Realms recorded an 89% revenue increase to £8 million in its H1 2015 performance, up 89% on H1 2014 £4.2 million. Gaming Realms governance detailed that its improved revenue performance had been driven by an uplift in white label activities combined with the success of its newly integrated proprietary platform. The London AIM listed operator which …

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bwin.party accepts GVC’s £1.1 billion takeover offer

bwin.party Entertainment governance has accepted GVC’s £1.1 billion takeover offer, in preference of bid competitor 888 Holdings £908 offer. Following a review by bwin.party on the conditions of GVC’s cash and shares offer valued at 125.5p per share, bwin.party governance will now push to clear GVC bid as the best offer for its shareholders. Bwin.party Chairman Philip Yea said in …

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Strong sports betting performance drives GVC H1 revenues up 15%

London AIM listed igaming group GVC Holdings, the operator competing against 888 Holdings for the takeover of bwin.party Entertainment, today published its Interim H1 2015 results. Reporting to the market, GVC recorded a 18.6% increase in wagering to €824 million (H1-2014: €694 million) for the period. A strong H1 wagering performance would lead to improved performance throughout all core GVC …

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Joel Leonoff – Optimal governance seeks further acquisition targets

Having announced a revenue up lift of 40% to $223 million (£144 million), combined with adjusted corporate profits of $37.3 million (£24 million) for its H1 2015 performance. Optimal Payments CEO Joel Leonoff has stated that company governance is on the lookout for its next target, as Optimal aims for entry into the London FTSE 250. Having completed its €1.1billion …

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NetPlay TV bolsters marketing & development capabilities with Otherside Inc acquisition

Interactive gambling operator NetPlay TV has announced that it has acquired product development and marketing studio Otherside Inc for £3.2 million. The London AIM listed operator stated that it had been actively looking at the market and considering various options as part of its stated strategy to expand the business both organically and through M&A. Founded in 2008, Otherside specialises …

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Nektan posts ‘better than expected’ year performance

Aim listed B2B mobile gaming platform provider Nektan Plc, has issued it’s a preliminary trading update for its full year results ending 30 June. Nektan governance expects full year 2015 net gaming revenue to be approximately £0.5 million, with the adjusted EBITDA loss (excluding listing costs, exchange differences and non-cash charges relating to share based payments) to be better than …

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