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Gaming Innovation Group Q2/2015 results
GIG MOVING IN THE RIGHT DIRECTION
Q2/2015 results show positive trend.
Gaming Innovation Group, (GIG), parent company of Guts.com, delivered an upbeat quarterly report saying it has succeeded in establishing a solid platform from which to grow.
Key performance indicators for the period include:
- Net income of Euro 800 000 (Q2/2014: Euro -100 000).
- Profit before tax amounted to Euro 900 000 (Q2/2014: Euro -200 000).
- Operating profit was Euro 0.0 (Q2/2014: Euro -200 000).
- Operating revenues of Euro 4.8 million (Q2/2014: Euro 2.6 million), up 88 percent.
- EBITDA Euro 72 500 (Q2/2014: Euro199 000).
“The second quarter has been eventful and GIG has made considerable progress in all business areas,” Robin Reed, chief executive officer of GIG said.
“I am very pleased that we can present a positive result in a period characterized by major changes and strong growth.”
Based on trading since, GIG said it has a favourable outlook on its performance for the rest of 2015.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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