New Jersey has reported a month-on-month decline in both sports betting and online gaming revenue for April, after the state was boosted in the previous month by the March Madness collegiate sports series.
Codere has again cited the devaluation of the Argentine Peso as the main reason behind a year-on-year decline in revenue during the first quarter, despite seeing growth across its Mexican, Italian, Spanish and online operations.
Nasdaq Stockholm-listed operator Global Gaming has confirmed its expectations that new online gaming regulations in Sweden would have a negative impact on revenue and profit after tax during the first quarter.
GambleAware has confirmed it will invest an additional £3.9m (€4.5m/$5.0m) to help fund the expansion of the National Gambling Treatment Service through GamCare and its network of partners across Great Britain.
Aspire Global has cited improved services for both customer conversion and retention as the main reason behind an 81.0% year-on-year increase in revenue during the first quarter, while the igaming solutions provider also saw a rise in earnings.
Venture capital fund Vereeni Investments has acquired a “significant” stake in Flax Innovations. Vereeni has made an initial “six-figure investment” in return for an equity stake in the Swedish company.
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.
Igaming regulation in Colombia highlighted the poor access of the gaming industry to banking and appropriate payment solutions across the region. So what can other countries learn from the Colombian experience when designing their regulatory frameworks? Joanne Christie investigates
Online lottery brokerage Lotto24 has reported year-on-year growth across both revenue and earnings for the first quarter of the year, as it prepares to complete a merger with its former parent company Zeal Networks.
Australian gaming machines and content provider Ainsworth Game Technology has warned that it is likely to miss financial targets for the second half of its 2019 financial year, with its current performance failing to meet expectations.