Affiliate marketing giant Better Collective reported record revenue of €17.1m for the third quarter of 2019, a 53.9% year-on-year increase, which the business said was largely attributable to acquisitions in the US and Sweden.
Flutter Entertainment saw revenue increase 10% to £533m (€618.4m/$685.7m) for the third quarter of 2019, as FanDuel and Sportsbet’s successes in the US and Australia respectively offset a retail decline driven by fixed odds betting terminal (FOBT) regulation.
The Swedish Gaming Authority (Spelinspektionen) has reported a quarter-on-quarter increase in online gaming revenue for the three months to the end of September, but saw a decline in overall market revenue for the period.
Dumitru Mihalescul, member of the Romanian Chamber of Deputies, has called for tighter gambling regulations in the country in a parliamentary question to the head of the country’s National Office for Gambling, Marius-Sebastian Ionescu.
ParionsSport, the sports betting brand of French gaming operator La Française des Jeux (FDJ), has agreed a deal to become an associate partner of the first regular-season National Basketball Association (NBA) game in France.
Dutch Member of Parliament Roelof Bisschop of Christian Right political party the Dutch Reformed Political Party (SGP) has sponsored an amendment that would increase the nation’s gambling taxes in order to fund an expansion of Dutch student grant system.
Latvian gambling regulator the Lotteries and Gambling Supervisory Inspection (IAUI) has revealed that 127 people have so far accessed new, state-funded psychologist support for consumers affected by gambling-related problems.
White label and gaming content provider Nektan has placed a further 2.5m shares with an investor on top of its earlier share placement that concluded in October, raising a further £125,000 (€145,297/$161,073).
Online betting and gaming platform provider GAN has reported a 222% year-on-year increase in gross operator revenue for the four months to October 31, 2019, primarily due to higher than expected demand for internet gambling in both New Jersey and Pennsylvania.
Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.
Gaming Innovation Group (GiG) has reported lower revenue and wider losses in the third quarter, primarily due to the ongoing impact of new regulations in Sweden, while the operator and supplier has also announced the permanent appointment of Richard Brown as its chief executive.
Sports betting solutions provider Kambi Group, in collaboration with gaming and platform provider Bragg Gaming Group, has agreed a multi-channel deal to supply sportsbook technology to three New York casinos operated by Seneca Gaming Corporation (SGC).