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Intertain Group FY 2015 guidance
Tuesday January 12,2016 : INTERTAIN UPS 2015 FULL YEAR GUIDANCE
No mention of investigation into share price dip.
The Canadian online gambling company Intertain Group Limited has issued a FY 2015 guidance indicating that it expects to exceed previously reported guidance.
Intertain's updated guidance is as follows:
* Total revenue of $365 million to $375 million as compared to the previously reported guidance of $325 million to $355 million;
* Total Adjusted Net Income of $104 million to $109 million as compared to the previously reported guidance of $93 million to $106 million;
* Diluted Adjusted Net Income Per Share of $1.60 to $1.67 as compared to the previously reported guidance of $1.40 to $1.60.
"These changes to our 2015 guidance reflect the solid and consistent growth across our combined businesses," said John Kennedy FitzGerald, President and CEO of Intertain. "The company continues to generate strong cash flow from operations and we are excited about the future. I want to thank our dedicated team who have helped us to surpass our guidance this year."
The statement made no reference to the dramatic decline in its share price late last year and the investigation it subsequently launched into possible inappropriate activity by third parties
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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