Daily news

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    Just under one in six Australians aged 16-17 gambled in the past year, according to the Longitudinal Study of Australian Children's (LSAC) annual statistical report.

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    Scientific Games has reported a 4% year-on-year increase in net revenue for the third quarter after growth across all of its business segments, which saw the supplier return to profitability for the period.

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    Social casino operator KamaGames has announced a wide-ranging overhaul of its flagship Pokerist app, which sees the studio launch a social sports betting product for the first time. A range of additional features, including a new app guide, Alice and Wonderland-themed slot and referral programme for players, have also gone live.

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    Social betting startup Wager has launched its peer-to-peer betting platform for players in the UK market.

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    The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.

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    Scientific Games has cited growth across its lottery and social businesses as key drivers of a year-on-year increase in revenue during the first quarter, while the supplier was also able to slash its net loss for the period.

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    Social pool betting operator i-pools has launched a new, free-to-play fantasy horseracing game with a jackpot prize of £1m (€1.2m/$1.3m), while Matt Steer has been named chief executive of the business, after it closed a new funding round.

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    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

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    Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.

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    California-based National Basketball Association (NBA) side the Sacramento Kings is to launch a new in-stadium lounge where players can play a virtual currency predictive betting game, powered by betting and fantasy sports solutions provider Swish Analytics.

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    The founders of UX design studio Bettor Faster have launched GamblingStartup.Ventures, a new mentoring programme for those looking to launch a new business in the industry.

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    The parent company of New York-based multi-purpose venue Madison Square Garden could be set to move into the sports betting market after applying to trademark its MSG brand for sports wagering purposes across online, mobile and social media

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    Company also boosted by NYX purchase as revenue climbs 7% in Q3

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    Social gaming brand Playtika has agreed a multi-million-dollar deal to become the new main shirt sponsor of Spanish LaLiga football club Sevilla.

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    Social betting platform EveryFan has expanded its offering with the launch of an Android mobile application.

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    Get the latest on social gaming sector and sports betting as part of social networks with the iGaming Business Social Gaming and Sports Betting Report 2016.

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    Australia-based online gambling firm Favourit Global has launched a public offer through a reverse takeover of Australian Stock Exchange (ASX)-listed Celsius Coal in an effort to raise Aus$6 million (€4.1 million/US$4.6 million).

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    Imperus Technologies has cited its acquisitions of the Akamon Entertainment and Diwip social gaming brands as two of the key reasons behind its revenue performance during the three months to December 31, 2015.

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    SIS has launched a special suite of Christmas-themed on-demand virtual racing games.

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    Former Sportingbet Australia director Gary Harris has become the new chief executive of social betting operator Favourit.

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