Playtech has entered into a new digital sports betting partnership with Greek operator OPAP, while the gambling technology giant has also signed an extension to its long-term agreement with online gaming operator Mansion.
International Game Technology (IGT) has announced a new joint venture with Twin River Worldwide Holdings, with the aim of working together in Rhode Island to improve and expand gambling services in the state.
Gambling operator Genting has opted to bring its online product range together under a single brand, with its online casino, live casino and sportsbook offering now available under the GentingBet name.
Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.
The company paid €42.8m in distribution expenses, up 69.2% from last year. Gaming duties increased from €2.1 to €2.4m, while administrative expenses increased from €6.4m to €7m, bringing total expenses to €52.1m, up 54.4% year-on-year.