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Codere turnover 820 MEUR H1 2012, Yogonet

Codere turnover 820 MEUR H1 2012, Yogonet | Poker & eGaming News | Scoop.it

Turnover during the first half of 2012 totalled 819.7 million euros, 29.7% more than in 2011. The Gross Operating Profit, EBITDA, reached 155.5 million euros during the first
half of the year, representing an increase of 15.3% with respect to the previous year. In the second quarter 2012, EBITDA totalled 76.8 million euros, exceeding the company’s forecast for this period, which had estimated this figure at around 68-71 million euros.

 

In Argentina, turnover totalled 328.1 million euros, up 27.5% with respect to the previous year, while EBITDA amounted to 89 million euros. This growth stemmed primarily from an increase in the number of terminals, 11.1% more than in 2011, and from the average daily revenues obtained per machine, an increase of 18.5% in euros.

 

Other sources:

http://www.igamingbusiness.com/content/codere-first-half-turnover-rises

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Nexon acquires 14.7 percent of NCsoft for $688M, VentureBeat

Nexon acquires 14.7 percent of NCsoft for $688M, VentureBeat | Poker & eGaming News | Scoop.it

Japanese Nexon acquired a 14.7 percent minority stake in Korean online game publisher NCsoft for $688 million. Nexon is now the largest shareholder in NCsoft, which publishes massively multiplayer online games such as Guild Wars 2, Aion, Lineage II, and Wildstar.

 

NCsoft was founded in 1997 and is based in Seoul, Korea. NCsoft generated 608.8 billion KRW in revenue in the fiscal year 2011.

 

Nexon, which pioneered the free-to-play online game business, went public in an initial public offering on the Tokyo Stock Exchange in December, raising $1 billion. Nexon was founded in 1994 and has had more than 1.3 billion players register to play its games. Nexon has published more than 50 online games in 100 countries.

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