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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    Australia’s Aristocrat Leisure has reported a 22.7% year-on-year increase in revenue for the 12 months to 30 September, to AUD$4.40bn on a statutory basis.

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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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    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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    Social casino studio KamaGames has reported a 33% increase in revenue for 2018, with the Pokerist operator crediting its focus on personalised promotional campaigns and efforts to improve player retention as key drivers of growth.

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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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    Igaming platform and software provider GAN has said that it expects revenue for 2018 to come in ahead of market expectations after the business was boosted by a strong performance in the second half of the year.

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    Social poker leader’s new products are paying off

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    Amaya-owned online gaming brand PokerStars has launched ‘Casino Rush’, a new mobile gaming application that offers free-to-play poker, casino and slots.