Daily news

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    Virtual sports and casino game developer Leap Gaming has seen gross gaming revenue rise 123% for the opening five months of 2020, with the business now expecting to post a profit in the third quarter of the year.

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    Atemi has set an increased revenue target for 2020 after it posted better-than-expected results for 2019, while the online gaming affiliate has also launched a new flagship comparison site in the UK and US.

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    Sky Sports-owned At The Races (ATR) has entered into a multi-year turnover-based streaming and data deal with Betfred, covering a wide range of horseracing content from the UK.

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    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.

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    Sports betting solutions provider Kambi has reported a 25.3% year-on-year increase in revenue for the first six months of 2019, with the business boosted by its customers launching in Pennsylvania’s online wagering market.

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    Online betting and gaming technology provider GAN has seen trading in the second quarter of its financial year beat expectations, with seasonal decline in igaming revenue offset by the strong performance of clients’ sportsbook offerings.

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    JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

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    Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.

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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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    Super-affiliate agrees €30m acquisition to establish a presence in Sweden's re-regulated iGaming market 

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    Bookmaker faces paying out on hundreds of bets turned down by its team

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    Bookmaker is being investigated by the Independent Betting Arbitration Service

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    Catena Media has agreed a deal to acquire sports news and lead-generator ASAP Italia for €16m ($18.5m)

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    Bitcoin-led sportsbook Sportsbet.io has entered into a partnership with mobile application All Football

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    BetBright has this week launched a prize fund promotion for the 2018 World Cup, offering customers the chance to win £10m (€11.4m/$13.3m)

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    A consortium of leading figures in the racing industry has reportedly agreed to purchase a stake in the Tote, with a view to taking full ownership

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    Racing Post has acquired a majority stake in sports betting website and mobile application business Apsley Group International

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    Kindred Group has reported year-on-year growth across a host of key financials for the three months to March 31

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    Catena Media has extended its service offering into France after agreeing a deal to acquire all affiliate assets in ParisSportifs.com

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    Kambi Group has purchased a stake in virtual sports gaming start-up company Virtus Sports

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