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Gamenet Group SpA (GAME.MI)

GAME.MI on Milan Stock Exchange

9.10EUR
25 Apr 2019
Change (% chg)

€0.04 (+0.44%)
Prev Close
€9.06
Open
€9.11
Day's High
€9.18
Day's Low
€8.96
Volume
15,515
Avg. Vol
40,687
52-wk High
€9.97
52-wk Low
€6.60

Latest Key Developments (Source: Significant Developments)

Gamenet Group FY Net Profit Up At EUR 6.3 Mln
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Gamenet Group SpA ::FY NET PROFIT EUR 6.3 MILLION VERSUS EUR 1.9 MILLION YEAR AGO.PROPOSED DIVIDEND OF EURO 0.65 PER SHARE, INCREASING 8.33% VERSUS 2017.FY REVENUE EUR 646.1 MILLION, UP 4.3 PERCENT YOY.EXPECTS 2019 EBITDA IN THE RANGE OF EURO 130-135 MILLION.NET FINANCIAL POSITION AT END-2019 IS EXPECTED TO BE SUBSTANTIALLY IN LINE WITH 2018.SEES 2019 CAPEX IN LINE WITH PREVIOUS FISCAL YEAR (EURO 40-45 MILLION).GUIDANCE DOES NOT INCLUDE POSITIVE IMPACT FROM INTRODUCTION OF IFRS 16 IN 2019 OF EUR 7 MILLION.  Full Article

Italy's Gamenet sees 15-20 mln euro hit on 2019 EBITDA from tax increase
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Italian gaming company Gamenet says::EXPECTS 15-20 MILLION EURO NEGATIVE IMPACT ON 2019 EBITDA FROM INCREASE IN GAMING TAXES IN ITALY.NEGATIVE IMPACT ON 2019 EBITDA WILL BE ABSORBED IN 2020.DOES NOT SEE ANY IMPACT ON 2018 GUIDANCE AND DIVIDEND POLICY.  Full Article

Gamenet Group 9-Mth Net Result Turns To Loss EUR 5.9 Mln
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Gamenet Group SpA ::9-MONTH REVENUE EUR 442.2 MILLION VERSUS EUR 450.7 MILLION YEAR AGO.9-MONTH NET LOSS EUR 5.9 MILLION VERSUS PROFIT EUR 152,000 YEAR AGO.  Full Article

Gamenet Completes Acquisition Of 100 Pct Of Goldbet For EUR 273 Mln
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Gamenet Group SpA ::WHOLLY OWNED SUBSIDIARY COMPLETED ACQUISITION OF 100% OF SHARE CAPITAL OF GOLDBET.PURCHASE PRICE OF ACQUISITION IS EQUAL TO APPROXIMATELY EURO 273 MILLION.  Full Article

Gamenet Group Board Approves Change To Dividend Distribution Policy
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Gamenet Group SpA ::BOARD APPROVES CHANGE TO DIVIDEND DISTRIBUTION POLICY.CHANGE ENVISAGES DIVIDEND PAYMENT ON 2018 OF EUR 0.65 PER SHARE AND THEREFORE UP TO TOTAL OF EUR 19.5 MILLION.CHANGE ENVISAGES DIVIDEND PAYMENT ON 2019 OF EUR 0.70 PER SHARE AND THEREFORE UP TO TOTAL OF EUR 21 MILLION.NO ASSURANCE CAN BE GIVEN THAT DIVIDENDS WILL ACTUALLY BE DISTRIBUTED.  Full Article

Gamenet Group SpA Signs Agreement For Acquisition Of 100% Of Goldbet
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Gamenet Group SpA ::SAYS SIGNED THE AGREEMENT FOR THE ACQUISITION OF 100% OF GOLDBET.THE ENTERPRISE VALUE OF THE TRANSACTION IS EURO 265 MILLION.SAYS ACQUISITION OF GOLDBET WILL BE FINANCED THROUGH RECOURSE TO DEBT FOR THE PORTION OF THE PRICE DUE AT CLOSING.  Full Article

Gamenet Group Updates On "Decreto Dignita"
Friday, 13 Jul 2018 

July 13 (Reuters) - Gamenet Group SpA ::FOLLOWING THE APPROVAL OF THE SO-CALLED “DECRETO DIGNITÀ” ESTIMATES THAT IMPACT ON ITS EBITDA DERIVING FROM THE 0.5% INCREASE IN PREU ON AWP AND VLTS CAN BE ON AN ANNUAL BASIS AND ASSUMING STEADY VOLUMES OF WAGERS, BETWEEN EURO 2 AND EURO 3 MILLION.COMPANY DOES NOT FORESEE ANY NEGATIVE IMPACT ON THE 2018 GUIDANCE."DECRETO DIGNITÀ” PROVIDES FOR PROHIBITION TO ADVERTISE GAMING AND BETTING AND INCREASE OF GAMING TAXES (PREU) ON AWP AND VLTS (FROM SEPT 1, 2018 OF 0.25% AND, SUBSEQUENTLY, FROM MAY 1, 2019, OF A FURTHER 0.25%).  Full Article

Gamenet Group Q1 Net Profit Up At EUR 1.4 Mln
Tuesday, 15 May 2018 

May 15 (Reuters) - Gamenet Group SpA ::Q1 REVENUES OF EUR 148.9 MILLION, DOWN 4.2 PERCENT YEAR ON YEAR.Q1 NET PROFIT EUR 1.4 MILLION VERSUS EUR 0.8 MILLION YEAR AGO.  Full Article

Gamenet Group Launches Bonds For EUR 225 Million
Monday, 16 Apr 2018 

April 16 (Reuters) - Gamenet Group SpA ::SAYS LAUNCHES NON-CONVERTIBLE BONDS FOR EUR 225 MILLION.  Full Article

Gamenet Group Proposes Buyback Of Up To 600,000 Shares
Monday, 26 Mar 2018 

March 27 (Reuters) - GAMENET GROUP ::SAID ON MONDAY THAT THE BOARD PROPOSES A BUYBACK PROGRAMME OF UP TO 600,000 SHARES, EQUAL TO 2 PCT OF ITS SHARE CAPITAL.BUYBACK PROPOSAL IS FOR AN UNLIMITED PERIOD OF TIME.  Full Article

Italy - Factors to watch on March 13

MILANO, March 13 The following factors could affect Italian markets on Wednesday.