Daily news

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    Betting technology supplier Newgioco has started trading on NASDAQ, the world’s second-largest stock exchange.

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    Sports betting revenue in West Virginia amounted to $13.8m in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators.

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    Nektan has completed the sale of its UK B2C business to Grace Media for a total cash consideration of £200,000 (€236,213/$262,969), as part of an ongoing restructuring effort at the white label and gaming content provider.

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    Delaware’s sports betting market generated $12.5m in revenue in 2019, the first full year of regulated activity in the state.

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    888 Holdings has said it is on track to achieve adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in line with expectations for 2019, after the online gaming operator was boosted by a record revenue performance in December.

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    Nevada’s sports betting handle reached a new high watermark of $614.1m as the state’s casinos took in a total of $937.5m in revenue.

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    Betting services supplier Sports Information Services (SIS) saw a reduction in profits during the most recent financial year due to the challenges in the retail betting market and an increase in expenditure and investment.

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    Gambling software supplier GAN’s gross operator revenue increased 171.3% year-on-year to $315.6m in 2019 thanks to the growth of legal gambling in the US, according to the company’s Q4 key performance indicators.

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    Everi Holdings has bolstered its player loyalty and marketing solutions through the acquisition of assets from Micro Gaming Technologies (MGT).

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    River iGaming has suspended all B2C operations and announced redundancies just weeks after the conclusion of a strategic review.

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    Sazka Group, the pan-European lottery and sports betting group, saw a double-digit rise in profits during the third quarter of 2019.

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    Nektan has been suspended from trading in London after failing to publish its accounts before the end of 2019.

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    Sweden’s gambling regulator, Spelinspektionen, has asked the Ministry of Finance to increase the maximum penalty that may be imposed upon a gambling operator in violation of the country’s Money Laundering Act from €1m (£847,686/$1.1m) to 10% of th

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