Daily news

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    Lottery and gaming solutions provider Intralot has once again reported a year-on-year decline in quarterly revenue, with the total for the three months to 30 September falling 5.4%.

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    France’s Agence des participations de l’État (APE) has hailed the success of the initial public offering of gaming giant La Française des Jeux (FDJ), which could generate proceeds of €1.89bn for the state.

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    French gaming operator La Française des Jeux (FDJ) has secured approval from the country’s stock market regulator to proceed with its initial public offering (IPO), in a move that marks the first step towards the privatisation of the business.

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    International Game Technology (IGT) has reported a marginal year-on-year decline in revenue for the six months to 30 June, 2019, which resulted in a drop in service revenue over the reporting period.

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    Greek lotteries and gaming solutions provider Intralot has reported an 8.5% year-on-year decline in revenue for the first quarter of its financial year, following weaker performances from all key business units.

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    French gaming operator La Française des Jeux (FDJ) has set out plans to ramp up corporate social responsiblity (CSR) efforts as part of a wider effort to clamp down on issues such as underage gambling, fraud and money laundering.

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    Greek lotteries and gaming solutions provider Intralot is to launch a cost reduction plan after reporting declines in turnover for all key operating segments in its 2018 results, with its struggles blamed on foreign exchange losses and the failure to secure new supply contracts during the year.

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    Gaming Innovation Group (GiG) has reported a 26% year-on-year increase in revenue for 2018, saying it was reaping the benefits of the £16m invested in technology and product development over the year.

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    Company also boosted by NYX purchase as revenue climbs 7% in Q3

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    Intralot has set out plans to capitalise on the recent Supreme Court ruling in the US and grow its presence in the region, after posting mixed results for the first quarter

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    Happy Friday igamers! This week: Lottoland fine to good causes, Sagi sells up, Paddy's sh*tty kiss, NJ-US Supreme Court, EU poker sharing.

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    Fortuna Entertainment has finalised its previously announced acquisition of Hattrick Sports Group, while the company has also sold its stake in its Czech Republic-based business Fortuna sázky.

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    The Danish igaming market is small but almost perfectly formed, with its business-friendly approach driving a high number of consumers to use licensed operators, the latest research from the iGaming Business Market Monitor reveals.

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    A consortium featuring Morgan Stanley, Macquaire Group and KKR & Co. has put forward a proposed offer of up to A$7.3 billion (€5.1 billion/US$5.5 billion) for Australian gambling company Tatts Group.

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    Antonios Kerastaris, chief executive of Intralot, said the company was able to achieve “aggressive organic revenue growth” during the three months to September 30, with full-year results set to benefit.

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    H2 Gambling Capital and iGaming Business are pleased to bring you the September 2016 iGaming Dashboard.

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    Contagious Gaming has stated that it expects its pending acquisition of Digitote to go through early this month, while also confirming the appointment of Craig Loverock as its new chief financial officer.

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    H2 Gambling Capital and iGaming Business are pleased to bring you the June 2015 iGaming Dashboard.

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    Man San Law has stepped down as chief executive officer of 500.com after the Chinese online sports lottery provider suffered significant quarter-on-quarter losses during the first quarter 2015.

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    It’s Friday the 13th... FDJ needs three years for an app, ICE has a “brand scent”, Germany lotteries not on the same planet as us, and the same goes for the POCT.

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