Unibet operator Kindred Group has reported an 8.0% year-on-year rise in revenue for the first quarter of 2019, though has seen earnings impacted by costs associated with its launch in Sweden’s newly regulated igaming market.
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 global gambling sector grew 4.9% in 2013 and generated €317.6bn in gross win, a figure that is set to rise to €332.4bn in 2014 and then on to €395bn by 2018, iGaming Business’s exclusive data partner H2 Gambling Capital has revealed in the second of the four data-led articles it is publishing this week.
Online gambling operators should be alert to the amendments relative to the fourth Anti-Money Laundering Directive that will be discussed at the European Parliament over the next couple of months, Steve Cook, business development director for Face
Ladbrokes has refuted claims made in a series of articles published by the Guardian newspaper that business practices on its betting premises were unethical and that it turned a blind eye to illegal activity.