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FRANCE PARI’s B2B division Sportnco boosts group results in Q1 2019

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FRANCE PARI’s B2B division Sportnco boosts group results in Q1 2019Reading Time: 2 minutes

 

Sportnco drives strong growth, group targets €5m EBITDA in 2019

Group revenues rose 13% to €3.5m and EBITDA 18% to €1m year-on-year during the period, Sportnco is confident of achieving EBITDA growth of just over 30% and revenue growth of c. 20% this year.

Online bookmaker France-Pari and its B2B division Sportnco’s consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) rose 18% to €1m in the first quarter of 2019, up from €840,000 in the same period in 2018; while group revenues grew 13% year-on-year from €3.1m in 2018 to €3.5m in the first quarter of 2019.

B2B activities driven by the group’s SPORTNCO division were the main driver of this growth, with most of the activity taking place across the European regulated markets of Spain, France and Belgium.

Group is confident of achieving €5m EBITDA in 2019

These very positive first quarter trends will soon be enhanced by the launch of bespoke sportsbooks for new clients such as SISAL in Spain or ZEBET in Portugal and the group is confident it will reach €4.5m to €5m in EBITDA in 2019.

This would represent annual growth of up to 33% when compared to the €3.7m EBITDA achieved in 2018.

Annual group revenues are also expected to grow strongly in 2019, with a 20% increase from €13m in 2018 to €15.5m this year.

Thus, EBITDA will represent just over 30% of group consolidated revenues in 2019.

Paving the way for new acquisitions

At the end of this year, the company will have reimbursed the biggest part of its debt relating to the SUERTIA acquisition it carried out in Spain in 2016. The Suertia brand has been highly successful and exceeded expectations and has enabled Sportnco to become the leading B2B betting network in Spain, bringing together GoldenPark, Suertia, Casino Gran Madrid and Casino Barcelona onto its platform.

As a result, the company is looking at potential new acquisitions to accelerate its growth in the B2B sector.

Hervé Schlosser, founder and CEO of FRANCE PARI Group, commented: “I am delighted at the progress we have made this year. Our B2B strategy in France and Spain is reaping rewards and we are now looking at acquiring profitable companies with whom we could develop commercial and financial synergies in order to accelerate our growth in B2B.”

About FRANCE-PARI:
FRANCE PARI is an online sports betting operator in France and Spain and through its SPORTNCO B2B division is a leading and fast-growing betting solutions provider to operators in regulated markets worldwide. The group is based in Toulouse, France and has offices in Lyon and Barcelona. It is the leading B2B betting solutions provider in the French regulated market with clients such as NetBet and ZEBet and in Spain with clients such as GoldenPark, Casino Gran Madrid, Suertia and Grup Peralada.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: FRANCE PARI’s B2B division Sportnco boosts group results in Q1 2019

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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IGT Improves Score in S&P Global Corporate Sustainability Assessment for Fifth Consecutive Year

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International Game Technology PLC announced that it achieved an improved score for the fifth consecutive year in the 2024 S&P Corporate Sustainability Assessment (CSA), demonstrating strong year-over-year environmental, social and governance (ESG) performance.

As one of 70 companies assessed in the casinos and gaming category, IGT received an overall CSA score of 62 on Dec. 6, 2024, reflecting an improvement of eight points over the previous year, and a perfect score in the area of transparency and reporting. This score places IGT in the top decile in the casinos and gaming industry.

“Achieving an improved S&P Global CSA score for the fifth consecutive year showcases IGT’s continuous commitment to leading the lottery and gaming industries in global sustainability. IGT’s Sustainable Play program illustrates our commitment to valuing and protecting our people, advancing responsibility, supporting our communities, and fostering sustainable operations. By focusing our efforts on these four pillars, we will continue our aim of building a more sustainable future for our people and planet,” said Wendy Montgomery, IGT SVP, Marketing, Communications and Sustainability.

The post IGT Improves Score in S&P Global Corporate Sustainability Assessment for Fifth Consecutive Year appeared first on European Gaming Industry News.

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OddsMatrix provides LeoVegas Group with sportsbook odds feed to enhance global offering

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Tier-1 operator LeoVegas Group will integrate OddsMatrix’s proven odds feed to support its transition to a proprietary sportsbook platform.

OddsMatrix, EveryMatrix’s sportsbook platform and odds feed business, will supply LeoVegas Group with deep, global coverage across multiple territories, sports, markets and events.

OddsMatrix odds feed will be customised for LeoVegas Group’s specific requirements enabling it to benchmark its odds against competitors and pressure test its models.

The partnership will result in LeoVegas Group receiving enriched market odds enabling optimised pricing, increased uptime and its customers with an enhanced user experience.

The well-known tier-1 operator, that celebrates 13 years in the industry in 2025, selected OddsMatrix as an odds feed provider as it transitions to its recently acquired new sports platform.

Erik Nyman, President, EveryMatrix Americas, said: “We’re delighted to be partnering with such a household name as LeoVegas Group, particularly at such an important moment for the brand as it expands its operations across the world and transitions to a new proprietary sportsbook.

“Our odds feed has consistently proven to be a valuable addition for tier-1 operators, and we’re committed to doing exactly that with LeoVegas.”

The post OddsMatrix provides LeoVegas Group with sportsbook odds feed to enhance global offering appeared first on European Gaming Industry News.

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DigiPlus Secures Three Honours at the 60th Anvil Awards

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DigiPlus Interactive, the company behind leading digital entertainment platforms BingoPlus, ArenaPlus and GameZone, secured three honours at the 60th Anvil Awards. Recognised as the gold standard of public relations excellence in the Philippines, the Anvil Awards celebrate outstanding programmes and tools that elevate the field of communications and public relations.

DigiPlus was honored with a Gold Anvil for its transformative corporate rebranding campaign, “DigiPlus Reimagined: Pioneering Fun, Technology, and Community”, which highlighted the company’s evolution from a traditional leisure and resorts operator to a leader in digital entertainment. Additionally, DigiPlus garnered two Silver Anvils: one for its 2023 Integrated Report, “Ushering a New Era of Digital Entertainment”, and another for BingoPlus Foundation’s “FutureSmart” programme, an initiative dedicated to empowering the next generation of innovators through education.

The rebranding initiative, developed in collaboration with global brand specialist Landor, encapsulated DigiPlus’ commitment to harness technology and innovation to deliver new forms of entertainment for Filipinos. This strategic transformation not only revitalized the company’s visual identity but also reinforced its mission to deliver immersive and enjoyable experiences through its products. The 2023 Integrated Report chronicles DigiPlus’ strategic direction, financial and operational performance, as well as its performance around environmental, social and governance metrics. The report follows the Integrated Report framework, which adheres to the highest global standards of annual reporting.

“These accolades from Anvil highlight DigiPlus’ commitment to innovation, transparency, and building strong connections with our stakeholders. The award for our corporate rebranding celebrates our bold transformation into a digital entertainment leader, while the recognition for our Integrated Report underscores our dedication to global standards of accountability and transparency. These achievements inspire us to deliver even greater value to our customers, investors, and communities” said Celeste Jovenir, Vice President for Investor Relations, Corporate Communications and Sustainability.

BingoPlus Foundation’s FutureSmart Programme was recognised for its transformative impact on marginalised communities. In 2024, the programme reached 5332 individuals, focusing on IT education, digital literacy and inclusive livelihood powered by technology. Initiatives included providing 60 scholarships to IT students across 20 universities nationwide and introducing the P.L.U.S. Factor development programme to equip scholars with critical workplace skills. The Coding for Kids initiative brought robotics and programming to 4853 students in the Visayas, alongside training for 213 teachers. The programme also launched PLUS Tech Centers, providing computers and digital skills training to underserved communities. These centers aim to bridge the digital divide and create more inclusive job opportunities for marginalized sectors, reinforcing BingoPlus Foundation’s commitment to education, technology and livelihood empowerment.

“We are honored to receive an Anvil for BingoPlus Foundation’s FutureSmart Program. This recognition reaffirms our commitment to uplifting communities through education, technology, and livelihood opportunities. FutureSmart is a testament to how we aim to create lasting, positive change by preparing individuals for a brighter and more sustainable future,” said Angela Camins-Wieneke, Executive Director of the BingoPlus Foundation.

The post DigiPlus Secures Three Honours at the 60th Anvil Awards appeared first on European Gaming Industry News.

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