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Betting & Gaming Industry - Business Ratio Report
Internet business research specialists Research and Markets.com's latest survey, "Betting & Gaming Industry - Business Ratio Report", compares the financial performance of the leading players in this industry sector, offering a quick and cost-effective competitor analysis tool for senior management.
Ratios are a valuable tool for comparing the performance of companies on a like-for-like basis. Using ratios, the relative profitability, growth or debt levels, for example, of differently sized companies can be directly measured or compared with ease. The R&M study focuses on the performance of key players in the industry, having closely analysed the sector.
The study focuses on the leading 118 companies operating in the Betting and Gaming Industry and analyses company and industry performance over the three years up to 7th April 2008.
During this period, the average company witnessed a 17.4 percent increase in turnover, with sales rising from GBP243.7 million in 2005/06 to GBP271.9 million in the middle analysis year, before peaking at GBP285.9 million in 2007/08. Pre-tax profits rose from GBP8.1 million in 2005/06 to GBP9.1 million in 2007/08, an overall increase of 11.6 percent.
The authors claim that the study will enable companies in the online gambling space to identify the financial strengths and weaknesses of competitors in terms of profitability, liquidity, gearing, efficiency and employee performance, and benchmark their own business performance. It will also assist as a tool in identifying potential acquisitions using the Performance League Tables.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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