Public Gaming Magazine Sept/Oct 2021

67 PUBLIC GAMING INTERNATIONAL • SEPTEMBER/OCTOBER 2021 New regulation will see a ban on the advertising of gambling in Spain The regulation will prevent gambling advertis- ing outside of the hours of 1 am to 5 am in a bid to protect vulnerable consumers. Under the law, companies will also only be able to show gambling offers to registered customers, while sports clubs will no longer be able to allow gambling companies to advertise on t-shirts and equipment. In addition, the advertising of gambling in sports stadiums, when they host live events, must be adjusted to the same schedules as elsewhere. The regulation will see companies who do not comply hit with fines of between €100,000 and €1 million. China to ban kids from playing online games for more than three hours per week INTRALOT announces +34.4% Revenue Growth and +106.5% EBITDA increase in 1H2021 Results for the six-month period ended June 30, 2021 Group Revenue at €202.6m in 1H21 (+34.4% y-o-y). EBITDA in 1H21 at €54.3m (+106.5% y-o-y), while Adjusted EBITDA at €46.8m (+99.1% y-o-y). Q-o-Q growth of EBITDA at +18.1%, while LTM EBITDA rose to €93.8m, up by 42.5% vs. FY20, on a continuing basis. NIATMI (Net Income After Tax and Minority Interest) from continuing operations at €-17.6m, improved by 57.8% compared to a year ago. Operations under US entity Intralot Inc. achieved very strong growth y-o-y (Revenue +28.6%, EBITDA +69.8%) in the first half of 2021. Greek entities OPEX better by 20.3% y-o-y, without taking into consideration the capital structure optimization expenses. Operating Cash Flow at €51.3m in 1H21 (+183.4% y-o-y). Group Net CAPEX in 1H21 was €9.5m, lower by 37.5% compared to a year ago. Group Cash at the end of 1H21 at €83.2m. Net Debt at €646.1m at the end of 1H21. The COVID-19 pandemic impact for 1H21 has been contained in the vicinity of c. €1.5m at Group’s EBITDA level. On August 3rd, 2021, INTRALOT announced the completion of the two consensual exchange offers resulting in extension of its 2021 Notes maturities by at least three years and achieving a total deleverage of €163m. On August 24th, 2021, Fitch upgraded INTRA- LOT’s IDR to CCC+ and on September 9, 2021, Moody’s upgraded INTRALOT’s CFR to Caa1, as a result of its new capital structure. JUMBO Interactive Results Presen- tation For the full year ended 30 June 2021 Jumbo Interactive Limited (ASX:JIN) today announced results for the full year ended 30 June 2021, demonstrating the continued strength of the Lottery Retailing segment despite the impact of fewer and lower value large jackpots. The emerging Software-as-a-Service (SaaS) and Managed Services segments also made a significant contribution to the 37% increase in Group Total Transaction Value (TTV). FY21 Group performance highlights: • Strong double-digit growth across key metrics: o TTV up 37% to $487.0 million o Revenue up 17% to $83.3 million o Underlying EBITDA1 up 13% to $48.9 million • Underlying NPAT1 up 7% to $28.3 million • Underlying EPS1 up 7% to 45.4 cents per share • Fully franked final dividend of 18.5 cents per share, taking the total FY21 dividend to 36.5 cents per share, up 3% Jumbo Interactive has entered into an agreement to acquire 100% of Canadian lottery management provider Stride Management The acquisition of Stride is another key strategic step in Jumbo’s international expansion strategy following the successful acquisition of UK-based Gatherwell Ltd in November 2019. Calgary-based Stride provides services to over 750,000 active lottery players in the Alberta and Saskatchewan provinces. It operates within the $1.2 billion estimated Total Addressable Market of the Canadian Charitable Lottery and Raffle sector. SAZKA Group H1 and Q2 2021 Results and Update on Current Trading SAZKA Group a.s. announced its financial results for the six months to 30 June 2021 and provides an update on recent developments and current trading. Q2 2021 financial highlights • Consolidated Gross gaming revenue (“GGR”) increased by 200% year-on-year to €740.1 million. Tabcorp Keno, Lottery Unit Worth up to $9.2 Billion, Says J.P. Morgan Tabcorp’s keno and lottery units, which the Australian gaming company recently said will be spun off, could be worth between $6.97 billion and $9.19 billion, according to J.P. Morgan analysts. Even at the low end of that range, the keno and lottery arm, according to the bank’s estimate, is worth far more than the media and sports wagering businesses that previ- ously lured multiple bidders. NeoGames Studio Releases a New, Multi-game Progressive Jackpot for eInstant Games The progressive jackpot feature aims to diversify lottery game portfolios and expand opportunities for player engagement and wins. NeoGames Studio's progressive jackpot can be implemented flexibly across clusters of eInstant games. The greater chance to win in a shared progressive jackpot heightens the attraction for players, increases overall player engagement, and accelerates jackpot growth. FDJ Gaming Solutions signs agreement to launch the digital lottery games vertical of Eesti Loto Eesti Loto will connect to FDJ Gaming Solutions Interactive Factory platform to provide the Estonian players with a steady stream of unique and exciting games and create a new digital lottery experience. The U.K. Gambling Commission has published further data showing how online gambling behaviour is reacting to the easing of lockdown measures in Great Britain. The operator data reflects the period between March 2020 and June 2021, and covers both online and offline gambling operator data, noting that land-based premises have only recently been able to open since closing in December. It is not advisable to make year-on-year comparisons between months in 2020 and months in 2021, due to differing operating circumstances of 2020 and 2021. The latest online operator data for June 2021 shows: overall activity in the online market slowed down in June, with gross gambling yield (GGY) and total bets both decreasing 7% and 10% respectively. Veikkaus plans to modernize, streamline, and reform its organiza- tion - co-operation negotiations affecting 830 people launched