Swiss gambling regulator Eidgenössischen Spielbankenkommission (ESBK) has reported a 5.5% year-on-year rise in casino revenue for 2019, while the country’s online gaming licensees generated CHF23.5m following the launch of igaming from July that year.
Virtual sports and casino game developer Leap Gaming has seen gross gaming revenue rise 123% for the opening five months of 2020, with the business now expecting to post a profit in the third quarter of the year.
Global mobile payment and mobile identity company, Boku, has conditionally agreed to the acquisition of Estonia-based Fortumo Holdings and its subsidiaries in a deal with a maximum value of $41 million.
Czech gaming conglomerate Sazka Group has reported an 11.5% year-on-year decline in gross gaming revenue for the first quarter of 2020, after the business’s retail gaming operations were disrupted by the novel coronavirus (Covid-19) from mid-March.
South African gaming and entertainment business Tsogo Sun Gaming said it lost an estimated ZAR400m in revenue as a result of the novel coronavirus (Covid-19) pandemic disrupting operations in its fiscal year ended 31 March, 2020.
France’s igaming market showed little signs of the impact of novel coronavirus (Covid-19) in the first quarter of 2020, with L’Autorité de régulation des jeux en ligne (ARJEL) warning that the full impact would be seen in subsequent quarters.
Camelot UK Lotteries has revealed the UK National Lottery was able to generate a record £7.91bn (€8.90bn/$9.90bn) in total ticket sales in its 2019-20 fiscal year, aided by significant year-on-year growth from its digital offering.
Mobile games developer Gaming Realms has reported that the first quarter's revenue growth has continued into the first two months of the second, aided by continued growth in content licensing operations.
The Malta Gaming Authority (MGA) has revealed that it anticipates B2C gross gaming revenue for 2020 to fall 12% below initial forecasts as a result of disruption caused by novel coronavirus (Covid-19).
Flutter Entertainment announced plans to accelerate US expansion and reduce debt through an equity placement that raised £812.6m, after revealing a 10% rise in revenue for the first 47 days of its second quarter.
Danish gaming operator Danske Spil has reported a marginal year-over-year increase in revenue for the first quarter of 2020, with declines in its igaming and gaming machine arms mitigated by growth in its lottery business.
Affiliate marketing business Net Gaming Europe has reported a 21.3% year-on-year decline in first quarter revenue, though new chief executive Robert Andersson claims that a refocused business has sufficient untapped potential to grow from Q2 onwards.