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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    Inspired Entertainment has reported a year-on-year increase in revenue for the second quarter, while the company also cut net loss by 94.5% in the period

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

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    Inspired Gaming Group has said it is optimistic about its prospects in 2018 after reporting a 2.3% increase in revenue in fiscal 2017

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    OPAP has cited strong performances by its betting products and video lottery terminals (VLTs) as key reasons behind financial growth in the third quarter

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    The Australian Transaction Reports and Analysts Centre (Austrac), the country’s anti-money laundering agency, has filed a civil court action against Tabcorp after accusing the gambling operator of failing to take sufficient precaution against money laundering and terrorism financing activities.

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    Italian retail and online sports betting operator Sindacato Nazionale Agenzie Ippiche (SNAI) has cited an increase in its video lottery terminal business and the introduction of virtual sports betting as drivers of a year-on-year jump in revenue during the nine months through to September 30.

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    Interactive gaming software and services provider GTECH has entered into a definitive agreement to acquire gaming products designer and manufacturer International Game Technology (IGT) for $4.7 billion (€3.5 billion) in cash and stock.