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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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Gambling News :
Betsoft Gaming In Deal With SuprNation -
Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.
Ladbrokes New SPonsor of The Hennessy Gold Cup -
The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.
Ladbrokes Appoints Annemarie Durbin -
Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.
Olympus Slot Pays $210k Jackpot to USA Player -
“I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”
Divine Fortune SLot Launches -
NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.
2 Huge Wins at Bovada Casino -
Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.
China Internet Clean Up Campaigns -
The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:
AOPA to campaign for poker to be left alone -
The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.
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