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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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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
From venturebeat.com - June 9, 2012 11:23 AM

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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