Australia’s Tabcorp has reported revenue of AUD$5.5bn (£3.08bn/€3.32bn/$3.71bn) for its financial year ended 30 June, 2019, strong growth in lottery revenue offsetting a decline in revenue from its Wagering & Media division over the year.
Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.
Gambling revenue in Latvia increased 15.3% year-on-year in the first quarter, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) reporting growth across all key verticals.
Swedish gaming operator Svenska Spel has reported a 5.9% decline in net gaming revenue for the first quarter of 2019, with growth in the new Sport & Casino igaming division offset by struggles in its lottery and land-based gaming units.
International Game Technology (IGT) has launched a new bingo gaming platform with Canadian provincial lottery operator Manitoba Liquor & Lotteries (MBLL). The platform features live session bingo games along with a customised, 10-game content bundle.
Finnish gaming monopoly operator Veikkaus has pledged to develop its digital offering over the next three years to ensure it doesn’t see profits cannibalised by offshore competition, after announcing slight declines in turnover and profit for 2018.