In GambingStartup.Ventures’ latest dispatch from the start-up frontline, Jonny Robb discusses how start-up founders quickly become used to operating at extremes. What may appear to be a precarious moment in a business’ development can quickly seem just another obstacle to be conquered.
Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines.
AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.
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.
Kindred Group has enhanced its online casino service offering in the US by entering into a partnership with Scientific Games. The operator will now benefit from full Open Gaming System and Open Platform System functionality.
US casino and racetrack operator Penn National Gaming has entered into market access agreements with DraftKings, PointsBet, theScore and The Stars Group, as well as a sports betting technology deal with Kambi.