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Meridianbet Reports on Workforce Development and Community Programs in Operating Markets
Globenewswire· 2025-12-02 11:55
Core Insights - Meridianbet, a subsidiary of Golden Matrix Group Inc., is committed to disability inclusion across its operations, aligning with the International Day of Persons with Disabilities [1][2] - The company integrates disability inclusion into its core business rather than treating it as a separate corporate social responsibility initiative [2] Operational Commitments - In Malta, Meridianbet has partnered with Inspire Malta to support individuals with disabilities, linking charitable contributions to sporting outcomes through its FA Trophy sponsorship [3] - The company has raised awareness of disability services in Malta through fundraising events and media campaigns [3] Corporate Sustainability - Meridianbet is a member of the UN Global Compact, adhering to principles on human rights, labor, environment, and anti-corruption, which aligns with licensing requirements in regulated gaming markets [4] Charitable Initiatives - The Meridian Donate platform, integrated into its gaming technology, has facilitated numerous charitable initiatives across various markets in 2024 [5] - This platform allows users to support nonprofit organizations as part of their standard engagement, creating sustained charitable impact [5] Workforce Development - Over the past three years, Meridianbet has increased the employment of individuals with disabilities by over 20%, while also growing its overall workforce [6] - The company has invested in employee training and maintained strong retention rates during its international expansion [6] Regulatory and Investor Considerations - Operational indicators related to disability inclusion have become increasingly important for licensed gaming operators, with European regulators incorporating these criteria into licensing frameworks [7] - Institutional investors now routinely request data on workforce composition and ESG performance when evaluating opportunities in the gaming sector [7] Strategic Positioning - For Meridianbet, disability inclusion serves as both an operational commitment and a means of regulatory positioning, impacting licensing, market access, and capital availability [8] - The company's consistent workforce development and community partnerships provide the documented operational history required by regulators and investors [8] Integrated ESG Execution - Meridianbet's model combines sports sponsorship with charitable outcomes, integrates donation technology into its platform, and maintains workforce inclusion during international expansion, showcasing effective ESG execution [9]
Meridianbet Founder and Golden Matrix's Largest Shareholder Aleksandar Milovanovic Completes $8 Million Cash-to-Equity Conversion Under Post-Closing Agreement with Company
Globenewswire· 2025-11-28 17:30
VALLETTA, Malta and LAS VEGAS, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Aleksandar Milovanović, founder and largest shareholder of Meridianbet, has elected to convert $8 million of cash consideration owed to him into equity, further strengthening the Company's balance sheet and demonstrating strong conviction in Golden Matrix's long-term growth trajectory. Under the terms of the conversion agreement Mr. Milovanovic voluntarily converted $8 million of 18-Month Non-Contingent Post-Closing Cash Consideration into 8 m ...
Super Group (SGHC) Limited (SGHC) Raises Revenue and EBITDA Guidance Asserting Underlying Growth
Yahoo Finance· 2025-11-26 19:59
Super Group (SGHC) Limited (NYSE:SGHC) is a must-buy non-tech stock to invest in. On November 4, analysts at Canaccord Genuity reiterated a Buy rating and an $18 price target on Super Group (SGHC) Limited (NYSE:SGHC). Likewise, Needham analyst Bernie McTernan echoed similar sentiments, reiterating a Buy rating and a $15 price target. Super Group (SGHC) Limited (SGHC) Raises Revenue and EBITDA Guidance Asserting Underlying Growth The wave of positive ratings on Wall Street comes on Super Group delivering ...
Jim Cramer on Super Group: “It’s Fantastic, I Like It Still”
Yahoo Finance· 2025-11-23 19:51
Group 1 - Super Group (SGHC) Limited operates global online sports betting and gaming services through its Betway sportsbook and casino platform, as well as its Spin multi-brand online casino business [1] - The company reported a profit of $95.8 million and revenue of $556.9 million for the latest earnings period, reflecting a 38% year-over-year increase and outperforming estimates by $46.51 million [1] - Super Group raised its full-year revenue guidance to between $2.17 billion and $2.27 billion, up from the previous guidance of $2.125 billion to $2.20 billion [2] Group 2 - The adjusted EBITDA guidance has also been increased to between $555 million and $565 million, compared to the previous range of $550 million to $560 million [2]
DraftKings(DKNG) - 2025 Q3 - Earnings Call Presentation
2025-11-07 13:30
Q3 2025 EARNINGS PRESENTATION November 6, 2025 | 1 Legal Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements about DraftKings Inc. ("DraftKings", the "Company", "we", "us" and "our") and its industry that involve substantial risks and uncertainties. All statements, other than statements of historical fact, ...
Banijay Group: 9M 2025 results
Globenewswire· 2025-11-06 16:45
Core Insights - Banijay Group reported a revenue increase of 4.0% to €3,224 million for the first nine months of 2025, with adjusted EBITDA rising by 9.8% to €597 million, reflecting strong performance across its diversified business model [7][12][40]. Financial Performance - Revenue for 9M 2025 reached €3,224 million, up from €3,125 million in 9M 2024, marking a 4.0% increase [12][25]. - Adjusted EBITDA increased to €597 million, a 9.8% rise compared to €546 million in the same period last year, with an adjusted EBITDA margin improvement of 100 basis points to 18.5% [7][40]. - Adjusted net income rose by 9.3% to €271 million, compared to €248 million in 9M 2024 [12][43]. - Adjusted free cash flow reached €465 million, up 6.4% year-on-year, with a conversion rate of 78% [8][44]. Business Segments Banijay Entertainment & Live - Revenue from Banijay Entertainment & Live grew by 1.7% to €2,094 million, driven by live experience activities and a robust pipeline of scripted content [7][25]. - The segment experienced low-single digit organic revenue growth, impacted by the postponement of some deliveries [23][27]. - Live experiences revenue surged by 15.1% to €248 million, reflecting the consolidation of Lotchi and strong performance at Balich Wonder Studio [33][34]. Banijay Gaming - Banijay Gaming's revenue increased by 8.5% to €1,130 million, with a notable 23% growth in Unique Active Players [7][36]. - Online poker revenue saw a significant rise of 32.7%, while online casino revenue grew by 16.4% [38][39]. - The segment's organic revenue growth was around 10%, despite temporary impacts from adverse sports results in September 2025 [23][36]. Strategic Developments - The acquisition of Tipico Group was announced, positioning Banijay as a leader in sports betting in Continental Europe, expected to double revenue and free cash flow at Banijay Gaming [10][17]. - The company continues to focus on digital transformation and AI integration to enhance content distribution and monetization capabilities [13][9]. Outlook - The company confirmed its FY 2025 guidance on adjusted EBITDA growth and free cash flow conversion, while adjusting revenue growth expectations due to adverse sports results and delivery postponements [20][6].
DraftKings (NASDAQ:DKNG) Faces Competitive Pressures Amid Market Shifts
Financial Modeling Prep· 2025-10-08 02:00
Core Insights - DraftKings is a significant player in the online sports betting and gaming industry, offering products such as daily fantasy sports, sports betting, and online casino games [1] - The company faces competition from FanDuel, owned by Flutter Entertainment, in a challenging market environment [1] Stock Performance - Mizuho Securities has set a price target of $54 for DraftKings, indicating a potential upside of 63.88% from its current trading price of $32.95 [2][5] - DraftKings' stock has experienced a decline of over 20% in the past month, alongside its competitor FanDuel, attributed to the rising popularity of prediction markets [2][5] - Currently, DraftKings' stock price is $32.95, reflecting a decrease of 5.80% or $2.03, with a trading range today between $32.78 and $35.01 [3] - Over the past year, the stock reached a high of $53.61 and a low of $29.64, maintaining a market capitalization of approximately $16.36 billion [3][5] Trading Activity - The trading volume for DraftKings today is 28.67 million shares on the NASDAQ exchange, indicating active investor interest despite recent price declines [4]
Meridianbet (Golden Matrix) Highlights 2024 Achievements Ahead of Full ESG Report Release
Newsfilter· 2025-04-22 16:01
Core Insights - Meridianbet, a leading global sports betting and iGaming operator, has achieved significant ESG milestones in 2024, focusing on community engagement, technology-driven operations, and resource efficiency [1][2][4] - The company reported $151.1 million in FY24 GAAP revenue and $159.7 million in organic revenue, driven by its core operations [2] ESG Highlights - Meridianbet executed nearly 300 CSR actions across 25 markets, focusing on healthcare, education, sports development, and local institution support [6] - The company maintains a strong governance structure with over 60% of managerial positions held by women, reflecting its commitment to diversity [6] - Meridianbet's public uplisting as part of Golden Matrix Group's NASDAQ structure enhances transparency and investor access [4] Community Engagement - The company has partnered with Crvena Zvezda, integrating its logo with the elite Euroleague basketball club [6] - Initiatives include a global book donation campaign and the "Scan. Help." campaign to fund essential equipment for maternity hospitals [6] - The rollout of the Meridian Donate platform across LATAM and Africa allows users to support verified NGOs directly [6] Operational Efficiency - Energy usage has been reduced through digitalization and infrastructure upgrades [6] - Meridianbet is a member of the "5% Club," developing and maintaining its entire technology stack in-house [6]