Transactions
SportingBet's director, Mark Blandford, sold 8 million shares of the company at 31p each for a total of £2,480,000. Last month the company reported its first profit, which it largely attributed to the acquisition of SportingOdds.
On Sept. 4 AngelCiti's biggest shareholder, Omega Ventures, will exchange 29 million common shares for 2,000 preferred "Series A" shares, which are voting shares that yield 5,000 votes per share. The transaction will reduce AngelCiti's issued and outstanding common shares to around 41 million. AngelCiti is now trading at about 4.25 times next year's expected earnings.
Reports Released
British Sky Broadcasting plc's (BSY) financial results for the year ended June 30, 2003 show the company's first profit in five years. The figures reveal a total revenue increase of 15 percent to £3,186 million and an operating profit increase of 94 percent to £371 million.
One day after the report's Aug. 12 release, BskyB's CEO Tony Ball sold 1.8 million shares of the company for £9.3 million.
British Sky Broadcasting plc. - Yearend Report
dot com Entertainment group (DCEG) reported a profitable second quarter, boasting a new record for quarterly software licensing revenue at $894,694. Much of the company's success comes from the contribution of its affiliate Parlay Entertainment Limited.
dot com Entertainment group (DCEG) - Second Quarter Report
Boss Media AB's (BOSS) interim report shows that net sales for the first six months of 2003 were SEK 66.2 million, a jump of 6 percent from SEK 62.2 million for the same period last year. Net profit for the interim was SEK10 million, with SEK 5.8 million coming in the second quarter.
Boss Media AB (BOSS) - Yearend Report
The Preliminary Final Report for Jupiters Ltd. (JUP) for the year ended June 30, 2003 reflects a net profit loss of 25 percent for the same period last year. Centrebet, Jupiters' online sportsbook, is mostly responsible for the loss, which accounted for a decrease in earnings from $14.7 million last year to $9.5 million this year. The rest of Jupiters' businesses, all of which will soon merge with TABCORP Holings Ltd., experienced an earnings increase of 4.7 percent, finishing at $136.5 million this year.
Jupiters Ltd. (JUP) - Yearend Report
Cryptologic Inc. (CRYP) says its second quarter results exceeded its expectations. Its latest report boasts $10.8 million in revenue and $2.6 million in net income for the quarter. Licensees' revenue from international sources has risen to percent.
Cryptologic Inc. (CRYP) - Second Quarter Report
Among the highlights of betandwin's (Berlin:936172.BE) latest report are a 64 percent increase in turnover and a 140 percent increase in net winnings for the second quarter of 2003. betandwin earned EUR 6.376 million in revenue, up 130 percent from the EUR 3.604 million earned last year.
betandwin (Berlin:936172.BE) - Second Quarter Report