Scout Gaming Group has reported a 127.5% year-on-year increase in third quarter revenue, while the fantasy sports software supplier was able to significantly reduce its net loss for the period.
Kalixa, the payment service provider wholly owned by online gaming operator bwin.party, has established a joint venture with Millicom, a telecommunications and media company dedicated to emerging markets in Latin America and Africa.
Online casino software provider SkillOnNet has acquired the igaming website JackpotParty.com from Scientific Games subsidiary WMS for an undisclosed amount.
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.
Gross gaming revenues from mobile are set to reach just over €19bn in 2018, or nearly 45% of total interactive gambling gross win, H2 Gambling Capital report reveals.
