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Greek Intralot revenues +17%, earnings -27%, Yogonet

Greek Intralot revenues +17%, earnings -27%, Yogonet | Poker & eGaming News | Scoop.it
From www.yogonet.com - August 31, 2012 10:44 AM

Intralot announced its financial results for the six month period ending June 30th 2012, prepared in accordance with IFRS. Consolidated Revenues posted an increase of 17.2% reaching 687.3 million euros in 1H12 compared to 586.4 million euros in 1H11.


EBITDA in 1H12 increased by 12.2% to 81.4 million euros, compared to 72.6 million euros in the same period in 2011.

 

EAT (after minorities) in 1H12 were decreased by 26.8% reaching 5.5 million euros. Compared to 1Q 2012, Net Debt reached 388 million euros, posting an increase by 26.1 million euros in 1H 2012 due to a capex of 39.4m in Q2 2012 mainly due to the payment for the renewal of the gaming license in Malta.

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Betclic Everest has no worth, Gaming Intelligence

From www.gamingintelligence.com (via @GamingIntell) - May 21, 2012 11:25 AM

GigaMedia attributed the omission to the failure on the part of Betclic Everest to provide it with financial results for the first quarter of 2012, but GigaMedia CEO John Stringer offered little hope for optimism when questioned about the subject.

 

It has suffered hugely from the impact of two irresistible forces - French re-regulation and the decline of online poker.

 

Betclic Everest Group is a private company, comprising Betclic, bet-at-home, Expekt and Everest. But while it remains private, its 50 per cent shareholder Société des Bains de Mer (SBM) and Everest part-owner GigaMedia are public companies (as is bet-at-home) and hence, declare the figures for certain parts of the Betclic Everest group.

 

Other sources:

http://www.gamingintelligence.com/premium-news-and-archive/14298-winners-and-losers-2011-betclic-everest-group

http://www.igamingbusiness.com/content/confused-picture-gigamedia

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