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Inspired Entertainment Expands Footprint into West Virginia Market with Premier iGaming Content
Globenewswire· 2025-10-20 20:05
NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading provider of B2B gaming content and systems, is pleased to announce the launch of its premium iGaming portfolio within the state of West Virginia. Inspired is a global company with interactive content in multiple markets, and West Virginia adds to its growing North American footprint. This expansion marks a significant milestone in Inspired’s ongoing commitment to delivering innova ...
MGAM Signs Definitive Agreement to Acquire Reality Sports Online Assets, Accelerating Fantasy Sports Growth
Accessnewswire· 2025-10-20 13:33
Core Insights - Mobile Global Esports Inc. has announced an asset purchase agreement to acquire Reality Sports Online, a prominent fantasy sports platform [1] Company Expansion - The acquisition is aimed at accelerating the company's expansion into fantasy sports and predictive gaming [1] - The transaction is expected to close in the first week of November 2025, pending customary closing conditions [1] Platform Details - Reality Sports Online operates on real-world NFL rules, player contracts, and salary-cap dynamics, enhancing the company's technological and intellectual property portfolio [1]
OTC Markets Group Welcomes GiG Software PLC to OTCQX
Globenewswire· 2025-10-20 11:00
NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced GiG Software PLC (Swedish Nasdaq First North Premier Growth Market: GIG SDB; OTCQX: GIGXF), a leading B2B iGaming technology company, has qualified to trade on the OTCQX® Best Market. GiG Software PLC begins trading today on OTCQX under the symbol “GIGXF.” U.S. investors can find current financial disclosure and Real-Time Level ...
Entain (OTCPK:GMVH.F) Update / Briefing Transcript
2025-10-14 14:00
Summary of Entain Q3 2025 Financial Update Company Overview - **Company**: Entain - **Segment**: Online Sports Betting (OSB) and iGaming Key Financial Highlights - **Cash Distribution**: BetMGM will return at least $200 million to parent companies by year-end [2][12] - **Revenue Guidance**: Upgraded full-year revenue guidance to at least $2.75 billion, up from $2.7 billion [2][11] - **EBITDA Guidance**: Expected EBITDA of approximately $200 million, increased from at least $150 million [2][11] - **Q3 Performance**: - Net revenue of $667 million, a 23% year-on-year growth [2] - Year-to-date revenue up 31% with EBITDA at $150 million [3] Online Sports Betting (OSB) Insights - **Q3 OSB Revenue**: $202 million, a 36% increase from Q3 2024 [3] - **Player Acquisition**: Focus on acquiring and reactivating players, particularly in premium segments [4] - **Monthly Active Users**: Slight decrease year-on-year, but improved payback economics observed [4] - **Handle Growth**: Up 13% with NGR margin expanding by 110 basis points [4] iGaming Performance - **Q3 iGaming Revenue**: $128 million, a 21% increase [7] - **Player Metrics**: Active players up 21% despite no new market launches since 2022 [8] - **Content Offerings**: New exclusive content and improvements in player management driving growth [8] Product Enhancements - **App Upgrades**: Significant improvements in app speed, features, and stability ahead of the NFL season [5][6] - **New Features**: Launched live Same Game Parlays (SGPs) and enhanced rewards dashboard [6] - **Brand Campaign**: "Make It Legendary" campaign featuring Jon Hamm and Derek Jeter [6] Market Dynamics and Regulatory Environment - **Prediction Markets**: No significant impact on OSB from prediction markets; regulators maintain a clear stance against them [13][14] - **Regulatory Compliance**: Commitment to responsible gaming and compliance with state regulations [13][14] Future Outlook - **Q4 Expectations**: Strong momentum expected to continue, with new online sports launch in Missouri planned for December [10] - **Long-term Growth**: Anticipation of further iGaming state expansions and improved player acquisition strategies [50][51] Additional Insights - **Cash Management**: Targeting a minimum unrestricted cash balance of $100 million, with plans for quarterly distributions of excess cash [12][30] - **Cost Management**: Focus on operational efficiencies and timing of expenses to enhance profitability [42][43] Conclusion - **Overall Health**: The business remains robust with strong underlying metrics and a positive outlook for the remainder of 2025 and into 2026 [14][91]
Organization of Football Prognostics S.A. (OTCPK:GOFP.Y) M&A Announcement Transcript
2025-10-13 07:00
Summary of the Conference Call on OPAP and Allwin Merger Industry and Companies Involved - **Industry**: Gaming and Lottery - **Companies**: OPAP (Organization of Football Prognostics S.A.) and Allwin Core Points and Arguments 1. **Strategic Importance of the Merger**: The merger between OPAP and Allwin is seen as a pivotal moment in reshaping the gaming industry, combining two established leaders to create a global lottery and gaming champion [2][3][4] 2. **Market Position**: OPAP is the leading lottery, sports betting, and iGaming company in Greece, while Allwin operates in seven markets and is a significant player in online sports betting and iGaming, particularly in Brazil [3][4][5] 3. **Financial Performance**: OPAP has generated significant value for shareholders, with a total shareholder return (TSR) of over 500% since 2013. The company has also benefited from a GGR contribution prepayment, which has added approximately $235 million to EBITDA annually since 2020 [6][7] 4. **Challenges in the Industry**: The gaming industry is undergoing rapid transformation, with evolving customer expectations driven by advancements in technology and competition from non-gaming entertainment [8][9] 5. **Need for Scale**: The merger is positioned as essential for achieving the scale necessary to invest in technology and meet customer expectations, with a focus on digital content and innovation [9][10] 6. **Diversification Benefits**: The combined entity will have a diversified platform with exposure to high-growth markets, including the U.S. and Brazil, and will enhance product offerings through acquisitions like PricePicks [11][53] 7. **Shareholder Benefits**: The transaction is expected to be accretive to earnings and cash flow, with a commitment to maintaining a minimum dividend of €1 per share and potential for special distributions [11][56] Additional Important Points 1. **Governance Structure**: Post-merger, KKCG and J&T Arch will hold 78.5% of the combined company, with a dual-class share structure to maintain control while allowing for future growth [13][18] 2. **Commitment to Greece**: The merger emphasizes OPAP's Greek heritage and commitment to local communities, including ongoing CSR initiatives [20][21] 3. **Technological Advancements**: Allwin's proprietary technology and focus on AI are highlighted as key drivers for future growth and innovation in the gaming sector [52][31] 4. **Financial Guidance**: The combined entity expects consolidated net revenue growth to accelerate significantly, with EBITDA margins projected to improve over time [59][60] 5. **Long-term Vision**: The merger is framed as a strategic move to position OPAP shareholders for success in a rapidly changing industry, leveraging scale, technology, and diversified offerings [63][64] This summary encapsulates the key points discussed during the conference call regarding the merger between OPAP and Allwin, highlighting the strategic, financial, and operational implications for both companies and their shareholders.
Expanse Studios to Showcase Flagship iGaming Portfolio at G2E 2025 in Las Vegas
Globenewswire· 2025-10-01 15:11
Company Overview - Expanse Studios is a fast-growing iGaming content developer and a subsidiary of Golden Matrix Group (NASDAQ: GMGI) [1] - The company specializes in B2B iGaming content, including slots, crash games, turn-based strategies, and card games [6] Product Portfolio - Expanse Studios has an expanding portfolio of 56 proprietary games, which includes crash-style formats, classic slots, card and table games, and turn-based strategies [2] - The games are designed for regulated markets, social gaming platforms, and emerging alternative casino models [2] Market Expansion - The company has recently expanded its North American presence through multiple integrations with next-gen U.S. gaming platforms [3] - Expanse Studios is experiencing growth in regulated jurisdictions, having been granted an iGaming license in Croatia and applied for a Class 2 iGaming license in Romania [3] Industry Event Participation - Expanse Studios will participate in the Global Gaming Expo (G2E) from October 6–9 at the Venetian Expo in Las Vegas, exhibiting at Booth 4233 [1][4] - The event serves as a platform for industry leaders, innovators, and regulators to explore the future of gaming [4] Networking and Partnerships - Attendees at G2E can meet the Expanse Studios team to demo new releases, explore partnership opportunities, and discuss the studio's global roadmap [5]
Cormark Cuts FY2025 EPS Outlook for Bragg Gaming Group Inc. (BRAG)
Yahoo Finance· 2025-09-21 13:14
Group 1 - Bragg Gaming Group Inc. (NASDAQ:BRAG) is considered one of the fundamentally strong penny stocks to buy currently, despite a reduction in FY2025 EPS guidance from a loss of $0.08 to $0.23, with a consensus estimate of ($0.14) per share for full-year earnings [1][2] - The company's business model is highlighted as a key strength, enabling potential expansion in the US and other markets at a low incremental cost, which is often overlooked in the current bearish market sentiment [2] - Bragg Gaming Group Inc. is expected to achieve double-digit revenue growth and solid margins in the coming years, driven by advancements in proprietary content, as stated by CEO Matevz Mazij [3] Group 2 - The company operates as a Canadian iGaming content and technology solutions provider, offering services to both online and land-based gaming operators, with core products including games, studios, proprietary content, and sportsbook technology [3]
Intralot S.A. Integrated Lottery Systems and Services (ATSE:INLOT) 2025 Capital Markets Day Transcript
2025-09-08 14:02
Summary of Intralot S.A. Integrated Lottery Systems and Services and Bally's International Interactive Capital Markets Day Company Overview - **Companies Involved**: Intralot S.A. Integrated Lottery Systems and Services (ATSE:INLOT) and Bally's International Interactive - **Event Date**: September 08, 2025 - **Key Speakers**: Robson Reeves (CEO of Bally's) and Nikos (CEO of Intralot) Core Points and Arguments 1. **Strategic Combination**: The merger aims to create a global iGaming and lottery champion with over €1 billion in revenue and significant free cash flow generation [2][4] 2. **Market Position**: Intralot operates in over 40 jurisdictions with long-term contracts averaging 16 years, while Bally's is a multi-brand iGaming operator with a 14% market share in the UK [3][10] 3. **Financial Projections**: Post-synergy, the combined entity expects around €450 million in EBITDA and a free cash flow conversion of approximately 95% [4][12] 4. **Acquisition Details**: The acquisition of Bally's International Interactive division is valued at €2.7 billion, with €1.53 billion in cash and €1.136 billion through new share issuance [5][9] 5. **Financing Structure**: The acquisition will be financed through a bridge loan of €1.6 billion and a planned equity increase of €400 million [6][8] Industry Insights 1. **Market Growth**: The iGaming and lottery sectors are expected to double in the U.S. from 2024 to 2029 due to legislative changes and increasing demand [14][15] 2. **Digital Convergence**: The combination of iLottery and iGaming is seen as a critical growth driver, leveraging technology to enhance player experience [10][13] 3. **Total Addressable Market (TAM)**: The combined entity aims to access a TAM of approximately €250 billion, with significant opportunities in both lottery and iGaming [11][19] Technology and Integration 1. **Complementary Technology**: The integration of Intralot's Player X Suite and Bally's Vitruvian platform is expected to enhance operational efficiency and customer data management [16][17] 2. **Rapid Deployment**: The new technology stack will be operational shortly after the acquisition, allowing for quick market entry [4][17] Financial Performance 1. **Revenue and EBITDA**: Intralot reported €356 million in revenue for 2024 with a 37% EBITDA margin, while Bally's aims for €270 million in EBITDA at a 39% margin in 2024 [48][35] 2. **Cash Flow Generation**: The combined entity is projected to generate significant cash flow, with a focus on reinvesting earnings for growth [29][64] Regulatory and Governance 1. **Corporate Governance**: The new group will remain listed on the Athens Stock Exchange, adhering to EU corporate governance standards [6][8] 2. **Regulatory Approvals**: All necessary regulatory approvals from the UK and Gibraltar have been obtained [8][9] Additional Considerations 1. **Responsible Gaming**: Both companies emphasize responsible gaming practices and have established relationships with regulators [31][32] 2. **Market Expansion**: Plans include launching new B2C operations in various countries, leveraging existing contracts and technology [22][26] Conclusion The merger between Intralot S.A. and Bally's International Interactive is positioned to create a leading global player in the iGaming and lottery sectors, with strong financial projections, a comprehensive technology integration plan, and a focus on market expansion and responsible gaming practices. The combined entity is set to capitalize on significant growth opportunities in both existing and new markets.
Intralot S.A. Integrated Lottery Systems and Services (ATSE:INLOT) 2025 Earnings Call Presentation
2025-09-08 13:00
C a p i t a l M a r k e t s D a y 8 S e p t e m b e r 2 0 2 5 Disclaimer The following disclaimer applies to this presentation and the information provided therein, including in relation to Intralot (together with its subsidiaries, the "Intralot Group" or "Intralot"), Bally's (together with its subsidiaries, the "Bally's Group" or "Bally's") and Bally's Holdings Limited (together with its subsidiaries, the "Target Group," or the "Bally's International Interactive Business" or "BII", and together with Intral ...
Pollard Banknote: Why Weak Margins Don't Tell The Whole Story
Seeking Alpha· 2025-08-17 12:51
Group 1 - The iGaming sector has been factored into stock prices, yet the stock has only reached the 'bear case' price target previously outlined [1] - There have been high single-digit gains in the stock, indicating some level of positive market sentiment [1] Group 2 - No specific investment positions or plans to initiate positions in the mentioned companies have been disclosed [2] - The article reflects the author's personal opinions and is not influenced by any compensation from the companies discussed [2] - The publication does not provide investment recommendations or advice, emphasizing that past performance does not guarantee future results [3]