
Intralot fends off bond risk with €135m in new shares
Despite return to net profit in Q3, the company's earnings report highlights the risk of being unable to meet 2024 bond obligations.
By Nick Brown
Despite return to net profit in Q3, the company's earnings report highlights the risk of being unable to meet 2024 bond obligations.
By Nick Brown
Europe and Latin America-facing operator Codere saw revenue for the third quarter of 2020 decline 58.4% to €143.0m as ongoing closures in many of its Latin American markets offset signs of recovery in Europe.
- NewsGaming Innovation Group (GiG) benefitted from its B2B pivot in the third quarter of 2020, with revenue from its platform services division growing strongly as the divestment of its B2C assets allowing it to slash net loss for the period.
- NewsSpanish and Latin America-facing gaming operator Codere has reported a 5.9% year-on-year decline in revenue for 2019, after growth in European markets was offset by a currency fluctuations hitting the contribution from its Argentinean business.
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