Daily news

  • daily_news

    Inspired Entertainment has reported a 10.1% decline in revenue for the first quarter of 2019, the result of a dip in the performance of its server-based gaming (SBG) division.

  • daily_news

    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.

  • daily_news

    The New Jersey Division of Gaming Enforcement (DGE) has reported a 25.6% year-on-year increase in gaming revenue in February, though the contributions from igaming and sports betting fell sequentially.

  • daily_news

    West Virginia is just one step away from becoming the fifth state to legalise online gambling, with a bill currently awaiting Governor Jim Justice’s signature. House Bill 2934, which was introduced by Delegate Jason Barrett on February 12, has been passed by both chambers of the West Virginia legislature, gaining final approval on the last day of the 2019 regular session.

  • daily_news

    The strong performance of the sports betting and casino verticals helped Spanish online gaming revenue grow 25.5% year-on-year in 2018.

  • daily_news

    International Game Technology (IGT) has reported a 2.2% year-on-year decline in revenue for 2018, though a reduction in operating costs and foreign exchange gains helped the supplier cut its full-year loss to $21m (£16.0m/€18.7m).

  • daily_news

    GVC Holdings chief executive Kenneth Alexander has credited excellent operational execution, effective marketing and a good World Cup for helping drive growth in the operator’s 2018 results.

  • daily_news

    US racetrack and casino operator Churchill Downs Incorporated (CDI) has cited its racing and online advance deposit wagering (ADW) divisions as key drivers of a 14.3% year-on-year increase in revenue for 2018.

  • daily_news

    Strong growth in revenue failed to offset the impact of growing costs for Scientific Games in 2018, with the gaming solutions provider’s loss for the period growing to $352.4m (£269.3m/€310.1m). Revenue for the 12 months ended December 31, 2018 was up 9.1% year-on-year, with a marginal decline in gaming revenue - down 0.7% to $1.8bn - offset by strong growth in the social and digital divisions.

  • daily_news

    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.

  • daily_news

    Finnish betting and lotteries agency Veikkaus is to cut 400 jobs from its land-based, table-gaming business in order to focus more on digital activities.

  • daily_news

    Casino operator Dragonara Gaming has joined forces with Evolution Gaming to launch the first ever ‘Dual Play Roulette’ at its land-based facility in Malta.

  • daily_news

    Bookmaker Ladbrokes said that despite having suffered a year-on-year drop in group operating profit during the three months to March 31, 2014, it was still able to deliver all of its “stated operational targets” either on time or ahead of schedule. 

  • daily_news

    Online casino games provider Net Entertainment has agreed to supply online casino games and services to Full Tilt Poker, the internet poker brand of the Rational Group.