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DJI Holdings Earning Report
UK CHINESE-FACING LOTTERY FIRM REPORTS MORE LOSSES
DJI Holdings pre-tax losses widen significantly, and firm seeks to diversify.
The Cheshire, UK-based but Chinese facing lottery firm DJI Holdings has revealed that its pre-tax losses widened significantly year-on-year in 2015, from GBP 4 million in the preceding year to GBP 10.7 million in 2015 as revenue plunged from GBP 47.5 million to just GBP 5.5 million.
In a statement the company explained that its results were impacted during the year by the suspension of lottery products in China pending the publication of new regulations, although some improvement has been experienced in the new year.
Chief executive Darren Mercer reported:
“This was a year of transition for DJI, in which the board identified and began successfully to tackle two main challenges: positioning the group’s lottery businesses to benefit from anticipated regulatory changes following the suspension of online sales that impacted 2015 revenues; and launching a strategy of diversification aimed at transforming the group into a provider of internet technology operating at the heart of China’s largest mobile apps.
“The development of potential new revenue streams accelerated significantly after the year-end and a number of new material opportunities are being progressed."
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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