Daily news

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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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    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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    NetBet has become the first UK-licensed gambling operator to begin accepting Bitcoin.

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    Gaming Innovation Group (GIG) has revealed that it generated record levels of revenue in August, while the company has also expanded its services into Slovakia.

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    Curacao-based sportsbook and casino BeLucky has joined with Income Access to launch a new affiliate programme.

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    Cherry has agreed a deal to acquire 49% of the shares in ComeOn, with an option to also purchase the remaining 51%.

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    Mr Green has revealed plans to launch a new sportsbook service this year in an effort to build on year-on-year revenue growth during the 12 months through to December 31, 2015, while also confirming that Jesper Kärrbrink will take over as chief executive this summer.

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    Independent Irish gaming company SeanieMac International has joined forces with affiliate software supplier Income Access to launch an affiliate programme for the its online sportsbook and casino brand SeanieMac.

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    In typical Playtech style, the igaming giant sets out its betting stall, Betfair links up with Snapchat, Spain should beware not regulating slots and some media not so eagle eyed. 

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    Gross gaming revenues from mobile are set to reach just over €19bn in 2018, or nearly 45% of total interactive gambling gross win, H2 Gambling Capital report reveals.