Inspired Entertainment saw revenue fall $10.2m (£8.4m/€9.1m) in the second quarter of its financial year, with the decline blamed on the UK government’s decision to reduce maximum B2 machine stakes to £2. The supplier posted a net loss of $10.7m for the period.
AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.
Kindred Group has enhanced its online casino service offering in the US by entering into a partnership with Scientific Games. The operator will now benefit from full Open Gaming System and Open Platform System functionality.
US casino and racetrack operator Penn National Gaming has entered into market access agreements with DraftKings, PointsBet, theScore and The Stars Group, as well as a sports betting technology deal with Kambi.
Sports betting solutions provider FSB Technology has secured a £23m growth capital investment from Canadian venture capital fund Clairvest Group, with the money to be used to pursue growth opportunities in regulated markets.
Sports betting solutions provider Kambi has reported a 25.3% year-on-year increase in revenue for the first six months of 2019, with the business boosted by its customers launching in Pennsylvania’s online wagering market.
US financial services giant Nasdaq Inc has announced a deal with Football Index, to provide the "player stock market" with a trading engine allowing customers to buy and sell shares in professional footballers.
Lottery solutions provider AGTech Holdings has strenghtened its position in the Chinese lottery market by winning contracts to supply sports lottery terminals in three provinces and two municipalities.