Shareholders will receive just £10m despite putting in £1.2bn of equity. The three main owners, Permira, Candover and Cinven, are expected to divide the small pay-off equally with other shareholders.
The biggest victim is Permira, which loist its entire £370m investment in Gala, which has been a victim of the UK’s smoking ban and changes in betting regulations.
BMM Testlabs has been approved to test and certify land-based games, online games and betting systems for fixed-odds betting by the Secretária de Prêmios e Apostas Substituta do Ministério da Fazenda in Brazil for the country’s lottery operators.
Gaming hardware technology company Quixant has released a new performance optimisation guide to help its customers deliver “captivating and seamless experiences to players.”
Las Vegas Sands has outperformed Wall Street estimates for Q1 2024 performance, revealing net revenue of US$2.96bn and net income of $583m for the period.
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