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Racing Post and Racing.com enter content sharing partnership

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Racing Post and Racing.com enter content sharing partnershipReading Time: 2 minutes

Thursday 7th June, 2018 – Racing.com and Racing Post have entered a content sharing arrangement around feature events, giving racing fans the best available coverage of thoroughbred racing from around the world.

Racing Post has long been considered one of the world’s great racing and sport media businesses, having begun as a print publication in Britain in 1986 before launching its first digital platform in 1997. Racing Post is now a leading digital publisher with an innovative mobile app and fully responsive website – racingpost.com, as well an expanding business-to-business division which develops content and products for a range of domestic and international partners. While providing detailed racing form for UK and Irish thoroughbred racing, Racing Post has an extensive news service that covers Europe, the United States, and other major racing jurisdictions. Racing Post acquired ANZ Bloodstock News in 2017 to add to its coverage of racing and bloodstock from around the globe.

Racing.com launched in 2014 as the Victorian thoroughbred industry owned digital media platform before becoming the media rights holder for Victorian thoroughbred racing in 2015 through the broadcast of racing on Australian Free-To-Air channels 78 (metropolitan) and 68 (regional), Foxtel 529 & the Racing.com digital platform. Since then, Racing.com has become the media rights holder for South Australian thoroughbred racing and also broadcasts Hong Kong and other selected feature international racing events on its Free-To-Air channels throughout the year, with form, news and features created for broadcast, digital and social media channels.

Beginning on June 1, 2018, the content sharing arrangement enables written stories and video features aligned with major racing, breeding and thoroughbred sales events to be shared between Racing.com and Racing Post across their digital platforms. This will include the sharing of content during the feature European summer flat racing period and winter jumps period, Australia’s major racing carnivals including the spring and autumn, and significant thoroughbred sales in Australia, New Zealand and Europe.

Racing.com CEO Andrew Catterall said: “There is such a strong link between Australian and European racing, particularly with the UK and Ireland. We have seen over the years some of our best horses compete over there and many of their best at our carnivals, to share content around these feature events is relevant to our audiences. Racing Post are world leaders and we look forward to working with them.

Racing Post Managing Editor Tony Smurthwaite said: “The opportunity to be partners with the excellent team at Racing.com is too good to miss. We look forward to a fruitful and lasting relationship as well as giving readers across all of our products a richer experience of racing and bloodstock issues in Australia and New Zealand.

 

Source: European Gaming Media and Events

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Play’n GO Create a Frenzy with Brand New Release

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Play’n GO have unveiled their latest game into the market today, and it is titled Firefly Frenzy.

 

Firefly Frenzy is a 5-reel slot with a “unique and colourful” design based around a bright forest theme. The game uses the fireflies of the title as multi-coloured Wilds that land gently on the reels during gameplay.

A beautifully designed 5×4 reel slot, Firefly Frenzy makes use of rich and vibrant colours to light up the reels, bringing the game to life with the bright flower and firefly symbols. The crowning feature of the game is its dynamic special feature, aptly named Frenzy Spins, which will appeal to players who like explosive gameplay with high potential.

While Play’n GO are more well-known for the strong narratives and backstories that come with their slot games, this is a classic and enjoyable slot from them, in the vein of other releases this year such as Inferno Star and Perfect Gems. Play’n GO have also seen success with these simple slots like player favourite Mystery Joker.

CEO Johan Törnqvist spoke of how the game is another example of the company’s diverse range of content in its portfolio:

“Variety is a hugely important factor in creating the best library of content. Slot gaming has an audience of millions worldwide, and so it’s only natural that there are different tastes and preferences within the market.

You cannot truly be a leading supplier in this industry if you do not supply your partners with a diverse suite of entertainment for their players, to appeal to as large a market as possible.

At Play’n GO we have this diversity but, no matter the style, gameplay or theme of the game, they all carry one thing in common, and that is the Play’n GO quality which has led us to the top of the industry.”

Firefly Frenzy is available to play online today.

 

Founded in 2005, Play’n GO are a leading supplier for slot gaming in the casino industry. One of the first suppliers to recognise and utilise the potential of mobile slot gaming, their innovation has revolutionised the industry and led Play’n GO to the forefront of the casino supplier market. Since its inception Play’n GO have curated a portfolio of award-winning games developed and tailored for compatibility with all devices and operating systems. In addition to this, they also provide back-end services and solutions to ensure operators are equipped to provide the ultimate gaming experience; this includes their casino platform and their server-based gaming solution, OMNY.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Play’n GO Create a Frenzy with Brand New Release

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Kambi Group plc Q2 Report 2019

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Kambi Group plc Q2 Report 2019Reading Time: 3 minutes

 

Financial summary

  • Revenue amounted to €21.6 (17.6) million for the second quarter of 2019, an increase of 23%, and €42.6 (34.0) million for the first half of 2019, an increase of 25%
  • Operating profit (EBIT) for the second quarter of 2019 was €2.5 (2.4) million, with a margin of 11.7% (13.8%), and 5.1 (4.4) million, with a margin of 12.1% (12.9%) for the first half of 2019
  • Profit after Tax amounted to €1.6 (1.7) million for the second quarter of 2019 and 3.6 (3.2) million for the first half of 2019
  • Earnings per share for the second quarter of 2019 were €0.052 (0.055) and €0.117 (0.107) for the first half of 2019
  • Cash flow from operating and investing activities (excluding working capital) amounted to €0.4 (1.9) million for the second quarter of 2019 and €1.6 (2.5) million for the first half of 2019

 

Key highlights

  • Solid financial performance with 23% year-on-year revenue growth and 26% operator turnover growth, despite tough comparatives including the 2018 football World Cup
  • Signed a new customer in BetWarrior, which will further Kambi’s expansion in Latin America
  • Took first legal online sports bet in Pennsylvania with Rush Street Interactive (RSI). Powering the first three online sportsbooks to launch in Pennsylvania
  • Took first legal bet in New York State with RSI at Rivers Casino & Resort Sportsbook

 

“I’m pleased to report Q2 2019 was yet another positive period for Kambi, delivering solid financial growth despite the lighter sporting calendar, and signing new customer agreements to keep up our positive commercial momentum.

Kambi’s Q2 revenue increased 23% year-on-year while operator turnover grew by 26%. Operator trading margin was 8.2%, slightly higher than our expected long-term average. Across the first six months of the year, Kambi revenue was €42.6m, an increase of 25% on H1 2018.

It was during Q2 last year that the US Supreme Court decided to repeal the country’s federal sports betting ban, a judgment I said at the time would create significant business opportunities for Kambi. Looking back over the past 12 months, I’m proud to say we’ve built a robust US-facing business with a fantastic portfolio of partners, and I continue to have great confidence in our future prospects.

The development of the competitive landscape in the US has certainly been dynamic, with operators and suppliers taking a variety of strategic routes. For some, joint ventures or M&A have been the preferred choice, while for our multiple US customers, the decision to partner with Kambi has brought them immediate success, and long may that continue.

As the number of regulated states steadily increases over the coming years, so too will the number of attractive opportunities. The fact Kambi has proven its ability to deliver in the US, coupled with our ongoing US investments in people and products, puts us in a good position to convert the best of these opportunities.

Although much focus is on the US, Kambi continues to explore opportunities globally. In this regard, I am delighted we signed another new customer in Q2, with BetWarrior the latest to join the Kambi network. Although a new operator, BetWarrior is led by an experienced and ambitious management team, one which plans to target countries in Latin America, a region where we’ve seen positive regulatory developments of late.

I’m also pleased that we strengthened our partnerships with National Lottery and the Rank Group. National Lottery has taken the Kambi sportsbook into Moldova, having enjoyed strong growth in its home country of Bulgaria. Meanwhile, Rank will soon add the Kambi Sportsbook to its Spain-facing Enracha brand, and we’ll continue to power its Grosvenor Sports brand in the UK.

This remains an exciting time for Kambi and I look forward to seeing what the second half of the year brings.”

You are invited to participate in a report presentation at 10.45 (CET) with Kambi Group plc’s CEO Kristian Nylén and CFO David Kenyon. The presentation will be held in English via a telephone conference and can also be accessed via an audiocast using the link below.

Questions can be asked on the telephone conference or sent via the audiocast link. Please see details in the link below:

https://financialhearings.com/event/12004 

Numbers for participation in the telephone conference:

SE: +46856642704 UK: +443333009264 US: +18338230589

No pin required.

Link to the audiocast: https://tv.streamfabriken.com/kambi-group-q2-2019

 

About Kambi:

Kambi is a provider of premium sports betting services to licensed B2C gaming operators.  Kambi Group plc is listed on First North at Nasdaq Stockholm. Our services encompass a broad offering from front-end user interface through to odds compiling, customer intelligence and risk management, built on an in-house developed software platform. Kambi’s 20-plus customers include 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Napoleon Games and Rush Street Interactive. Kambi employs more than 750 staff across offices in Malta (headquarters), Australia, Philippines, Romania, Sweden, the UK, and the United States

Kambi utilises a best of breed security approach, with guiding principles from ISO 27001. Kambi is eCOGRA certified. Kambi Group plc is listed on First North at Nasdaq Stockholm under the symbol “KAMBI”. The Company’s Certified Advisor is Redeye AB.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Kambi Group plc Q2 Report 2019

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Caesars Entertainment Corporation to Report Second Quarter 2019 Results on August 5, 2019

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Caesars Entertainment Corporation to Report Second Quarter 2019 Results on August 5, 2019Reading Time: 1 minute

 

Caesars Entertainment Corporation will release its financial results for the second quarter 2019 after the market closes on Monday, August 5, 2019. The company will also host a conference call on August 5, 2019, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its second quarter 2019 results and other matters related to the company.

Participants should dial 877-637-3723, or 832-412-1752 for international callers, and enter Conference ID 1353149 approximately 10 minutes before the call start time. The call will be accessible on the Investor Relations section of Caesars Entertainment’s website at https://investor.caesars.com.

A recording of the live call will be available on the Investor Relations section of the Company’s website for 90 days after the event.

 

About Caesars Entertainment:
Caesars Entertainment is one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment.

 

Source: Caesars Entertainment Corporation

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Caesars Entertainment Corporation to Report Second Quarter 2019 Results on August 5, 2019

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