No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
International Game Technology Low Quarterly Earnings Report
Thursday May 14,2015 : DISAPPOINTING QUARTERLY RESULTS FROM IGT
Pre-merger financials for GTECH and IGT Legacy
International Game Technology reported pre-merger business’ GTECH and IGT (referred as Legacy) first quarter and second quarter 2015 results respectively.
Key performance highlights for GTECH S.p.A.’s first quarter ending March 31, 2015 include:
Consolidated Revenue growth of 3 percent to Euro 808 million (Q1/2014: Euro 781 million).
EBITDA of Euro 296 million was in line with the first quarter of 2014 and near all-time peak levels.
Operating Income of Euro 149 million (Q1/2014: Euro 181 million), the disparity associated with one-off costs related to the acquisition of IGT Legacy.
Net Loss Attributable to the Owners was Euro 27 million compared to net income of Euro 75 million in the first quarter of 2014. Again results reflect costs associated with the acquisition.
Cash from Operations was Euro 158 million compared to Euro 163 million in the prior year.
Capital Expenditures in the first quarter were Euro 65 million.
Net Financial Position - excluding acquisition costs - of Euro 3.16 billion (Q4/2014: Euro 2.59 billion).
"We achieved near-record GTECH EBITDA during the first quarter on top of challenging, multi-year comparisons. We also improved our net financial position excluding one-off items linked to the transaction. We have confirmed our $280 million target for cost and revenue synergies and are on track to deliver them on schedule," commented Alberto Fornaro, chief financial officer of IGT.
Marco Sala, chief executive officer of IGT, noted: "We had a solid first quarter for GTECH operations, continuing to run the underlying business efficiently and profitably, at the same time as we were completing a transformative merger. We were ready to launch the integration from day one, focusing on revitalizing our R&D capabilities. Exciting content delivered across the whole range of platforms is the key to consolidating our leadership of the global gaming industry."
In contrast, IGT Legacy’s only stellar performance was its interactive business.
Key performance indicators for IGT Legacy second quarter period ending March 31, 2015 (pre-merger), include:
Total revenue decrease of 22 percent to $399 million.
Adjusted earnings per share decreased to $0.09 from $0.20.
GAAP earnings per share decreased to ($0.05) from $0.10.
Social gaming revenue increased 17 percent to $81 million and average bookings per daily active user grew 9 percent to $0.47.
Returned $27 million to shareholders in the form of dividends.
The sharp decrease in Revenue was attributed to a decline in product sales and gaming operations which was partially offset by an increase in interactive revenue.
Interactive revenue was $94.1 million (Q2/2014: $79.8 million).
Mobile revenue comprised 41 percent of total bookings in the quarter and increased 52 percent compared to the prior year quarter.
Social gaming revenue increased 17 percent to $81 million (Q2/2014: $68.8 million). Average DAU were 1.9 million, an increase of 9 percent. Average bookings per DAU in the first quarter were $0.47, an increase of 9 percent over the same quarter last year.
IGT said it would begin reporting results as a combined entity with its second quarter 2015 results under GAAP.
In related news, changes to the board post-merger will see Philip G.Satre take up the Chairmanship of the Board of Directors with Patti S. Hart and Lorenzo Pellicioli appointed as vice chairmen.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.