Daily news

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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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    Fantasy sports provider Scout Gaming Group has reported increased losses in the first quarter of the year, despite revenue more than doubling to SEK3.5m.

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    The Pennsylvania Gaming Control Board (PGCB) has revealed that the state has generated tax revenue of $3.4m (£2.7m/€3.0m) from its first full year of regulated fantasy sports contests.

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    Pennsylvania’s licensed fantasy sports operators have reported a slight improvement in revenue for March, following three consecutive months of decline, with revenue up $5,000 from February.

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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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    KamaGames has reported a 63.5% year-on-year increase in revenue for the 12 month to December 31, 2017

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    Aristocrat Leisure has today (Wednesday) completed its previously announced acquisition of Big Fish Games from Churchill Downs Incorporated

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    Aristocrat Leisure has today (Thursday) entered a binding agreement to acquire social gaming company Big Fish Games for $990m (€833.9m)

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    Zynga has said that despite a year-on-year fall in revenue in the three months to September 30, it performed above expectations in the quarter.

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    Matthew Tripp, founder and chief executive of Australian online betting website Crownbet, said that the company is set to achieve profit this year, despite having suffered losses in the latter part of 2015.

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    Gaming Realms has announced that it was able to achieve a 116% year-on-year increase in group revenue during the 12 months through to December 2015.

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    Mark Pincus, chief executive and chairman of Zynga, has stated that the social gaming company was able to deliver “strong” results during the three months to June 30, with the firm also making “significant” progress against various growth opportunities.

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    Stride Gaming is set to acquire mobile social gaming company InfiApps in a deal worth up to $39.2 million (€35.9 million).