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Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee

Retrieved on:

Tuesday, March 26, 2024

“Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.

Key Points:

“Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain’s Dutch iGaming operator, until 2025.
The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.
“Adjusted EBITDA” is a financial measure that does not have a standardized meaning under International Financial Reporting Standards (“IFRS”).

BRAGG GAMING REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS, CONFIRMS FORMATION OF SPECIAL COMMITTEE

Retrieved on:

Tuesday, March 26, 2024

EUR, Comment, Growth, Public, Ratio, Sale, News, Entain, USD, MGM Resorts International, PokerStars, PAM, Film industry

In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.

Key Points:

In the Netherlands, the Company maintains its dominant position as the leading PAM provider, serving five customers with our PAM solutions in the region.
Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain's Dutch iGaming operator, until 2025.
The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.

Bragg Gaming Group Third Quarter Revenue Rises 8.0% Year Over Year to €22.6 Million (USD $24.0 Million)

Retrieved on:

Thursday, November 9, 2023

“Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).

Key Points:

“Third quarter year over year revenue rose 8% to €22.6 million (USD $24.0 million), gross profit increased 13.5% to €11.9 million (USD $12.6 million) and Adjusted EBITDA increased more than 70% to €3.8 million (USD $4.0 million).
The Company will host a conference call today, November 9, 2023, at 8:30 a.m. Eastern Time, to discuss its third quarter 2023 results.
Non-IFRS measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS.
These measures may be different from non-IFRS financial measures used by other companies, limiting their usefulness for comparison purposes.

Flashpoint Announces New Joint Venture Fund Targeting $150 Million to Invest in Direct Secondaries

Retrieved on:

Tuesday, October 31, 2023

Flashpoint announces its partnership with renowned growth investor, Roman Ivaniuk through the establishment of a joint venture fund to invest in direct secondary opportunities in growth stage companies in Europe.

Key Points:

Flashpoint announces its partnership with renowned growth investor, Roman Ivaniuk through the establishment of a joint venture fund to invest in direct secondary opportunities in growth stage companies in Europe.
This is the second Flashpoint fund investing in direct secondaries: the predecessor, Flashpoint Secondary Fund I (“FSF I”), was launched in 2020 and was anchored by the Scheinberg family office.
Flashpoint manages five funds: 3 VC funds, 1 Growth Debt Fund, and 1 Direct Secondaries Fund.
Michael Szalontay, General Partner at Flashpoint, said: “We are delighted to announce our partnership with Roman Ivaniuk on this innovative joint venture fund.

LOUISE ULRICK WINS POKERSTARS x POKER POWER WOMEN'S BOOTCAMP SHOWDOWN IN CYPRUS

Retrieved on:

Friday, October 20, 2023

ONCHAN, Isle of Man, Oct. 20, 2023 /PRNewswire/ -- There was a thrilling conclusion to the PokerStars x Poker Power Women's Bootcamp Showdown at European Poker Tour (EPT) Cyprus with British player Louise Ulrick emerging victorious, winning a full package to EPT Prague this December.

Key Points:

ONCHAN, Isle of Man, Oct. 20, 2023 /PRNewswire/ -- There was a thrilling conclusion to the PokerStars x Poker Power Women's Bootcamp Showdown at European Poker Tour (EPT) Cyprus with British player Louise Ulrick emerging victorious, winning a full package to EPT Prague this December.
"Anybody who is thinking about learning poker, it is such a good game to play," continued Ulrick.
Erin Lydon, President of Poker Power said, "Our innovative bootcamp program with PokerStars provides women with the platform and opportunity to go from zero to hero in an inclusive and supportive environment.
In response, PokerStars teamed up with Poker Power to launch their second female-focused bootcamp to help women build their confidence and skills in poker, as well as provide a safe space for them to learn and play.

LOUISE ULRICK WINS POKERSTARS x POKER POWER WOMEN'S BOOTCAMP SHOWDOWN IN CYPRUS

Retrieved on:

Friday, October 20, 2023

ONCHAN, Isle of Man, Oct. 20, 2023 /PRNewswire/ -- There was a thrilling conclusion to the PokerStars x Poker Power Women's Bootcamp Showdown at European Poker Tour (EPT) Cyprus with British player Louise Ulrick emerging victorious, winning a full package to EPT Prague this December.

Key Points:

ONCHAN, Isle of Man, Oct. 20, 2023 /PRNewswire/ -- There was a thrilling conclusion to the PokerStars x Poker Power Women's Bootcamp Showdown at European Poker Tour (EPT) Cyprus with British player Louise Ulrick emerging victorious, winning a full package to EPT Prague this December.
"Anybody who is thinking about learning poker, it is such a good game to play," continued Ulrick.
Erin Lydon, President of Poker Power said, "Our innovative bootcamp program with PokerStars provides women with the platform and opportunity to go from zero to hero in an inclusive and supportive environment.
In response, PokerStars teamed up with Poker Power to launch their second female-focused bootcamp to help women build their confidence and skills in poker, as well as provide a safe space for them to learn and play.

Flashpoint Venture Capital continues ambitious growth in the US

Retrieved on:

Tuesday, October 3, 2023

Flashpoint Venture Capital, international tech investment manager with over $400 million AUM focused on US tech companies originating out of Israel and Europe, continues to expand its footprint in the United States.

Key Points:

Flashpoint Venture Capital, international tech investment manager with over $400 million AUM focused on US tech companies originating out of Israel and Europe, continues to expand its footprint in the United States.
Flashpoint is growing its local portfolio, thus solidifying its commitment to innovation and driving economic growth.
The cornerstone of Flashpoint’s investment strategy is to provide capital to European and Israeli founders with ambitions to go global.
Flashpoint Venture Capital's commitment to excellence and investment in groundbreaking companies is well-aligned with its global strategy to identify and back disruptive technologies, fostering economic growth and innovation in emerging markets.

WIN YOUR WAY TO LAS VEGAS WITH POKERSTARS

Retrieved on:

Thursday, September 28, 2023

Online, PA, European Poker Tour, North American Poker Tour, Isle of Man, Red Bull Racing, Tax, PokerStars, NAPT, Gold, Freeroll, Isle, Gambling, Resort, Resorts World, Casino, Cryptocurrency

ONCHAN, Isle of Man, Sept. 28, 2023 /PRNewswire/ -- PokerStars are set to take over Las Vegas this November and are offering players the chance to win exclusive packages to get in on the action. The North American Poker Tour (NAPT) will be returning for the first time in 12 years from November 4-12 just days before PokerStars' partner Oracle Red Bull Racing will shoot for gold in this season's penultimate race.

Key Points:

ONCHAN, Isle of Man, Sept. 28, 2023 /PRNewswire/ -- PokerStars are set to take over Las Vegas this November and are offering players the chance to win exclusive packages to get in on the action.
The package, worth $20,300 / €18,600 is available to win through various channels and includes the following:
10 nights hotel accommodation for two (November 09-19) at Resorts World Las Vegas, including taxes and resort fees
Players in .COM and Italy liquidities will have the opportunity to win a Vegas Gold Pass through Power Path.
For players in Spain, an opportunity to rake your way to Vegas is available through the Vegas Gold Pass Grind from 25 September – 25 October.
PokerStars CEO Kevin Harrington commented:
"We are delighted to be bringing back the NAPT after 12 years, with Resorts World Las Vegas as our first stop.

WIN YOUR WAY TO LAS VEGAS WITH POKERSTARS

Retrieved on:

Thursday, September 28, 2023

Online, PA, European Poker Tour, North American Poker Tour, Isle of Man, Red Bull Racing, Tax, PokerStars, NAPT, Gold, Freeroll, Isle, Gambling, Resort, Resorts World, Casino, Cryptocurrency

ONCHAN, Isle of Man, Sept. 28, 2023 /PRNewswire/ -- PokerStars are set to take over Las Vegas this November and are offering players the chance to win exclusive packages to get in on the action. The North American Poker Tour (NAPT) will be returning for the first time in 12 years from November 4-12 just days before PokerStars' partner Oracle Red Bull Racing will shoot for gold in this season's penultimate race.

Key Points:

ONCHAN, Isle of Man, Sept. 28, 2023 /PRNewswire/ -- PokerStars are set to take over Las Vegas this November and are offering players the chance to win exclusive packages to get in on the action.
The package, worth $20,300 / €18,600 is available to win through various channels and includes the following:
10 nights hotel accommodation for two (November 09-19) at Resorts World Las Vegas, including taxes and resort fees
Players in .COM and Italy liquidities will have the opportunity to win a Vegas Gold Pass through Power Path.
For players in Spain, an opportunity to rake your way to Vegas is available through the Vegas Gold Pass Grind from 25 September – 25 October.
PokerStars CEO Kevin Harrington commented:
"We are delighted to be bringing back the NAPT after 12 years, with Resorts World Las Vegas as our first stop.

HraiGamble Group Analyzes the Impact of Malta's Gambling Industry on the EU

Retrieved on:

Monday, September 18, 2023

LONDON, Sept. 18, 2023 /PRNewswire/ -- The Malta Gambling Authority (MGA) is making Malta increasingly attractive to companies in the gambling industry.

Key Points:

LONDON, Sept. 18, 2023 /PRNewswire/ -- The Malta Gambling Authority (MGA) is making Malta increasingly attractive to companies in the gambling industry.
In this article, company HraiGamble Group examines the expected growth of the Maltese gambling market, its potential impact on the EU, and the controversy surrounding the new law.
Bill 55 is poised to give Maltese companies greater influence in legal proceedings," comments Jürgen Meier, gambling industry specialist at Casinospot.de .
The fact is, that the gambling industry is of significant importance and impact for the Maltese economy.