Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.
Australian online sports betting operator PointsBet has raised AUS$75m (£40.9m/€45.9m/US$51.6m) after listing its shares on the Australian Securities Exchange (ASX). The operator said the move forms part of its growth plans, which include expansion in the US market.
Spread betting and contracts for difference (CFD) provider CMC Markets has cited the impact of new regulatory measures across Europe as the primary reason behind year-on-year declines across income and profit in 2018.
Greek gaming operator OPAP has reported a year-on-year increase in revenue and profit for the first quarter, primarily due to ongoing growth within its video lottery terminals and KINO lottery businesses.
Marking the first anniversary of the RP iGaming Index's launch, Regulus Partners' Paul Leyland looks at the factors that have led to gaming stocks largely underperforming over the past 12 months, and what needs to be done to make them a worthwhile investment. Stride Gaming is the stock in focus.