Codere Online to appeal Nasdaq delisting
Codere Online has requested a hearing to appeal the decision to delist its securities from the Nasdaq Stock Market after failing to file its 20-F form.
By Robert Fletcher
- NewsFinance
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Stride Gaming reveals sales growth, launches B2B division
Stride Gaming has reported net revenues of £44m (€50.7m/$56.6m) for the six months ended February 28, up 21% from £36.5m for the same half-year period ending in 2016. The bingo operator’s adjusted EBITDA was up 20% to £9.6m for the half year ending in 2017 from £8m for the first half of 2016. Stride Gaming’s […]
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Fortuna Entertainment has finalised its previously announced acquisition of Hattrick Sports Group, while the company has also sold its stake in its Czech Republic-based business Fortuna sázky.
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Legal blow for DFS in California
A district court in California dealt a blow to FanDuel, DraftKings and other DFS operators last week when it held that the payment of entry fees to enter daily fantasy horse racing contests that are returned to winners as cash prizes constituted a wager.
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RakeTech Group has acquired Danish poker community Pokernet.dk, as well as online gaming affiliate websites Odds.dk and Casinoguide.dk, while Catena Media has acquired Newcasinos.com and related affiliate assets.
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Revenue up at Snaitech despite profit decline
Italian gambling firm Snaitech has posted a year-on-year increase in revenue for the three months to March 31, 2017, despite suffering losses across other key financial metrics.
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