Daily news

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    Online gaming operator bwin.party has posted a year-on-year fall in revenue for the third quarter of 2013, a drop that it insisted was “expected” after a “transitional” year for the company.

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    Online gaming and sportsbetting company Bet-at-home.com has reported a profit before tax of €11.6 million ($15.6 million) for the first nine months of 2013.

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    Singapore-based online games developer I Got Games has recorded substantial year-on-year growth in the third quarter of 2013.

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    Integrated global gaming firm Novomatic, through its subsidiary Novo Lottery Solutions GmbH, has acquired a 90% majority shareholding in Icelandic interactive gaming solutions developer and supplier Betware.

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    Casino operator MTR Gaming Group remains confident of future growth despite having posted an 11.5% drop in total net revenue during the third quarter of 2013.

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    Revenue from all forms of gambling in South Africa has increased during 2013 despite the economic slowdown, according to a survey by professional services firm PricewaterhouseCoopers (PwC).

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    Scandinavian online casino operator Mr Green has cited new developments in its gaming products and a focus on new mobile platforms as the key reasons behind its continued revenue growth in the latest quarter.

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    Swedish gambling group Cherry has agreed a deal to acquire 49% of the shares in online gambling company Web Resorts NV.

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    Interactive entertainment products provider Mad Catz Interactive has suffered a 43% year-on-year drop in net sales during the second quarter of the 2014 fiscal year.

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    Gaming solutions provider Scientific Games has posted impressive figures for the third quarter of 2013, having recorded growth in both revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) during the period.

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    Gaming products designer and manufacturer International Game Technology (IGT) has reported a 9% rise in total revenue for the 2013 fiscal year following significant growth in social gaming sales.

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    Central and Eastern European online and retail sportsbook operator Fortuna Entertainment Group cited the expansion of its online and mobile sportsbetting operations as a major contributor towards its growth during the first nine months of 2013.

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    Turkish Finance Minister Mehmet Simsek has confirmed plans to complete the proposed privatisation of the country’s National Lottery by January at the latest.

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    Online gambling and betting provider mybet Holding has cited the success of its sportsbetting business for its continued growth after unveiling impressive interim financial figures.

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    Online gambling operator Tipp24 has insisted that its plans are progressing as expected despite having suffered a significant drop in revenue during the third quarter of 2013.

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    H2 Gambling Capital and iGaming Business launch the iGaming Dashboard, your monthly overview of the igaming sector in numbers.  

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    Swedish gambling group Cherry has recorded a 15% year-on-year growth in revenue for the third quarter of 2013, an increase it has put down to the success of its online gaming operations.

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    Asian gaming operator Entertainment Gaming Asia has suffered a year-on-year fall in revenue during the third quarter of 2013 despite having posted a slight increase in gaming operation sales.

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    Bloomberry Resorts, the operator of Philippines-based casinos Solaire Resort and Casino and Manila Bay, has reported that gaming revenue accounted for 94% of its total revenue during the third quarter of 2013.

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    UK-based real-money gambling platform Betable is reported to have raised $18.5 million (€13.7 million) in its latest round of funding, led by early stage venture capital firm Venture51.

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