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Gtech Quarterly Report
Monday March 16,2015 : INTERACTIVE MAKES A USEFUL CONTRIBUTION TO GTECH Q4
But Italian revenue from the division slips 7 percent.
The interactive division of Italian gaming technology and lottery provider GTech made a useful contribution to its fourth quarter results released this week, showcasing overall interactive revenue of Euro 28 million - up 7 percent.
American and International interactive contributions were both up strongly, whilst interactive product sales soared almost three-fold to Euro 1.7 million. Unfortunately, that success did not extend to the group's home nation, where interactive gaming revenue slipped 7 percent to Euro 18.5 million.
Management characterised the overall performance of the GTech group as robust, with quarterly revenue up 4.7 percent y-o-y to Euro 809.5 million, and earnings reaching Euro 281 million, a 6.7 percent improvement on the corresponding quarter last year.
Despite this, a net loss of Euro 92.8 million was recorded for the quarter and attributed to costs associated with GTech's forthcoming multi-billion dollar acquisition of International Game Technology. Stripping out those costs, net income was up an impressive 83 percent to Euro 53 million.
In common with the interactive results, operations in America and in the international business arena were strong, with revenues from the Americas up 10 percent to Euro 252 million, and a 34 percent rise in International revenues, which reached Euro 113 million, mainly from Europe.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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