Daily news

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    Inspired Entertainment saw revenue fall $10.2m (£8.4m/€9.1m) in the second quarter of its financial year, with the decline blamed on the UK government’s decision to reduce maximum B2 machine stakes to £2. The supplier posted a net loss of $10.7m for the period.

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    Social casino studio KamaGames has reported a 33% increase in revenue for 2018, with the Pokerist operator crediting its focus on personalised promotional campaigns and efforts to improve player retention as key drivers of growth.

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    Inspired Entertainment has reported a year-on-year decline in revenue for the fourth quarter, with losses also widening to €4.7m in the transitional period.

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    Win Systems has acquired gaming machines and electronic roulette company Gold Club for an undisclosed amount.

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    Online gaming content developer Net Entertainment (NetEnt) has cited its ongoing expansion strategy as one of the main reasons behind year-on-year growth across key financials in the three months through to March 31, 2015.

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    Gaming machine and casino management systems specialist Aristocrat has entered into an agreement to purchase privately-owned US competitor Video Gaming Technologies (VGT) for just under $1.3 billion (€941.8 million).

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    Gaming machine and casino management systems specialist Aristocrat Technologies has entered into talks to purchase US competitor Video Gaming Technologies (VGT) in a deal worth a reported $1 billion (€734.3 million).

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    Gambling industry entertainment solutions provider Amaya Gaming Group has cited the impact of its installed base and new sales of gaming machines in the US and Latin America as the main reason behind ‘strong’ year-on-year revenue growth during the three month to March 31, 2103.

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    UK chancellor George Osborne has announced a number of new tax laws for the UK gambling industry in the government's Budget 2014.

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    Interactive gaming software and services provider GTECH said that despite suffering year-on-year falls in revenue, EBITDA and operating income during the 12 months to December 31, 2013, it still “met or exceeded” key performance objectives during the year.

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    Online gaming software giant Playtech has announced it will pay shareholders a special dividend of £100m (€122m/US$167m) after registering a significant rise in full-year profits for 2013.

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    Land-based casino firm Olympic Entertainment Group (OEG) has acquired 100% of Slovakian VLT casino slot operator WINWIN Slovakia and now plans to open its first VLT casino in the country during the first half of 2014.