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Video Gaming » Finance
  • daily_news
    1 October 2019

    US sports betting pushes revenue up at GAN in Q3

    Online betting and gaming technology provider GAN has said that stronger-than-expected demand for its sports betting services in the US helped to drive gross operator revenue up 202.7% year-on-year during the third quarter.

  • daily_news
    12 August 2019

    Inspired revenue hit by FOBT stake cut in Q2

    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.

  • daily_news
    7 June 2019

    Esports Entertainment eyes NASDAQ Capital Market listing

    Online gambling operator Esports Entertainment Group has applied to list its common shares on the NASDAQ Capital Market. Subject to relevant approvals, the operator will trade $11.5m worth of shares.

  • daily_news
    11 March 2019

    Product and personalisation boost KamaGames in 2018

    Social casino studio KamaGames has reported a 33% increase in revenue for 2018, with the Pokerist operator crediting its focus on personalised promotional campaigns and efforts to improve player retention as key drivers of growth.

  • daily_news
    12 February 2019

    Inspired sees revenue drop as losses widen in Q4

    Inspired Entertainment has reported a year-on-year decline in revenue for the fourth quarter, with losses also widening to €4.7m in the transitional period.

  • daily_news
    13 September 2018

    LeoVegas seals esports investment

    Company strikes deal for 51% stake in Pixel Holding Group

  • daily_news
    13 September 2018

    World Cup and VLTs drive OPAP growth

    Lottery remains biggest revenue-generator despite 10% year-on-year fall

  • news_analysis
    20 June 2018

    Following the money in Esports

    As esports completes its move from subculture to the mainstream, there are big rewards in store for those who grasp both its past and its potential. Ready, player one?

    Subscriber content
  • daily_news
    10 May 2018

    Inspired cuts losses in second quarter

    Inspired Entertainment has reported a year-on-year increase in revenue for the second quarter, while the company also cut net loss by 94.5% in the period

  • daily_news
    1 March 2018

    Scientific Games reveals widespread growth in 2017

    Scientific Games has reported year-on-year financial growth across all business segments for the 12 months to December 31, 2017

  • daily_news
    1 March 2018

    Kambi details ‘strategic’ virtual sports investment

    Kambi Group has purchased a stake in virtual sports gaming start-up company Virtus Sports

  • daily_news
    28 February 2018

    Gambling Commission reveals rise in UK mobile gaming

    The UK Gambling Commission (UKGC) has reported that the amount of punters using a mobile phone or tablet to bet increased to 51% in 2017

  • daily_news
    28 February 2018

    Stars Group acquires majority stake in CrownBet

    The Stars Group has purchased a 62% stake in Australia’s CrownBet Holdings for an aggregate amount of approximately US$117.7 (€96.2m)

  • daily_news
    8 December 2017

    LeoVegas takes majority stake in CasinoGrounds

    LeoVegas has acquired a 51% majority stake in GameGrounds United, owner of the Casino Grounds streaming network.

  • daily_news
    5 December 2017

    Inspired hails ‘solid growth’ after revenue rises in 2017

    Inspired Gaming Group has said it is optimistic about its prospects in 2018 after reporting a 2.3% increase in revenue in fiscal 2017

  • daily_news
    22 November 2017

    Evolution Gaming co-founders to reduce ownership stake

    Jens von Bahr and Fredrik Österberg, the co-founders of Evolution Gaming, have opted to reduce their stake in the company

  • daily_news
    15 November 2017

    OPAP hails betting, VLTs as key financials rise

    OPAP has cited strong performances by its betting products and video lottery terminals (VLTs) as key reasons behind financial growth in the third quarter

  • daily_news
    14 September 2017

    Instant, lottery games drive OPAP revenue growth in H1

    OPAP has praised the performance of both its lottery, and instant and passive, divisions after recording a year-on-year increase in revenue during the six months to June 30.

  • news_analysis
    1 September 2017

    The bubble machine: gambling goes crazy for ICOs

    Scepticism towards the nascent ICO market is understandable but Unikrn’s expected $100m token raise next month is still a signal moment, writes GamCrowd chief executive Chris North.

    Subscriber content
  • daily_news
    9 August 2017

    Inspired continues ‘positive momentum’ in third quarter

    Luke Alvarez, chief executive and president of Inspired Gaming Group, has paid tribute to the firm’s performance during the three months to June 30, saying it was able to continue to exhibit “positive momentum” in the period.

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