GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
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).
Digital performance marketing solutions provider XLMedia has reported a 14.4% decrease in revenue for 2018, which it attributed to a number of regulatory issues impacting performance over the year.
GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
The Stars Interactive Holdings subsidiary of The Stars Group has sold its entire stake in Jackpotjoy in order to increase the size of its share placing
The shadow of regulation is looming large over the UK’s remote gambling sector, according to the latest iGB Market Monitor, and the resulting uncertainty has the sector on edge.
GambleAware, the charity previously known as the Responsible Gambling Trust (RGT), has published a new five-year strategy in order to reinforce its commitment to people suffering from gambling-related harm.
The UK Gambling Commission (UKGC) has said in a new report that although gross gambling yield from remote betting, bingo and casino sources remains steady, it noted a decline in the number of land-based facilities in the national market.
Gala Coral has cited the impact of ongoing growth within its online division as one of the main reasons behind a year-on-year jump in revenue during the six months through to April 9.
The Senet Group is to make up to £100,000 (€131,400/$146,300) in grants available to not-for-profit organisations as part of an effort to support ongoing responsible gambling strategies.
William Hill recorded “good operational performance” by expanding into lotteries through NeoGames, but UK PoC and increased duty on machines hit profits.
