Affiliate marketing services provider XLMedia has reported a year-on-year drop in revenue and net profit in the first half, primarily due to the impact of the novel coronavirus (Covid-19) and Google demoting a number of its websites.
Responsible gambling charity GamCare has launched a new toolkit to help UK financial institutions, gambling businesses and debt advice agencies identify and support customers experiencing gambling-related financial harms.
US gaming giant Caesars Entertainment Inc. has set out further details of its possible cash offer for William Hill, saying that it is set to make a bid worth £2.9bn (€3.29bn/$3.71bn) for the bookmaker.
The UK’s Competition and Markets Authority (CMA) is to investigate Evolution Gaming’s proposed acquisition of NetEnt, over concerns that the merger could lead to a reduction in competition in the British igaming market.
Gaming solutions giant Playtech has reported a 22.5% year-on-year decline in revenue for the first half of 2020, after a strong start to the period was halted by the impact of novel coronavirus on B2B and B2C operations.
Spread betting and contracts for difference (CFD) provider IG Group said high levels of trading activity among existing clients and new customer growth helped grow revenue 61.9% year-on-year in the first quarter of its fiscal year.
The New Jersey Division of Gaming Enforcement (NJDGE) has reported a month-on-month increase in revenue across all gambling segments for August, as the state continued its recovery from the novel coronavirus (Covid-19) shutdown.
iGaming affiliate marketing specialist Atemi has revealed it was able to achieve a record $13.3m (£10.3m/€11.2m) in revenue in the second quarter, due in part to a significant increase in new depositing customers (NDCs) during the period.
Swedish gambling revenue for the second quarter of 2020 fell 4.1% to SEK5.94bn (£530.6m/€572.4m/$687.9m) as a 3.6% increase in online gambling revenue was not enough to offset the effects of the novel coronavirus (Covid-19) on the land-based sector.