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.
AFTER TAX EARNINGS PLUNGE AT INTRALOT
Written on 5/31/11 :
A less than successful first quarter
On a day in which Athens prosecutors launched fraud charges against managers alleged to be involved in a scam with OPAP, the Greek gaming company Intralot announced a weak set of first quarter 2011 results.
Although consolidated revenues increased by 32 percent compared to Q1-2010, reaching Euro 300.9 million, and EBITDA grew by 14.6 percent to Euro 39 million, earnings before taxes (EBT) at Euro 16.2 million were 41.6 percent lower than the comparative quarter, and earnings after taxes plunged 53.7 percent to Euro 7 million.
Management reported that the decline was caused by Euro 5.8 million in FX losses.
Nevertheless, the quarter was cash-flow positive as net debt dropped by Euro 2.7 million, despite the front-loaded quarter in terms of Capex.
Reuters reports that revenues for the parent company were shaped at Euro 26.5 million, posting an increase of 1.5 percent compared to Q1-2010. EBITDA declined by 66.2 percent to Euro 2.4 million and Earnings After Taxes came in at Euro 100 000.
Commenting on the results, group CEO Constantinos Antonopoulos said: “We are satisfied that we managed to grow our sales and EBITDA during the 1Q of 2011. Moreover, in our FY 2010 results announcement we stressed that from 2011 and onwards we would focus on the improvement of the company’s cash-flow.
"I am very pleased to say that we have accomplished this already in our 1Q 2011 results, as net debt decreased marginally despite a front loaded quarter in terms of Capex. We believe that in the next three quarters of 2011 the improvement will be even greater.
"In the short- and mid-term we will focus on innovation, the exploitation of our existing projects, the liberalization of selected markets, the privatization of lotteries, and the continued improvement of our cash flow generation, so as to increase our shareholders’ value.”
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
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.