| Page 5 | iGaming Business

daily_news
28 July 2020
Newgioco aims to raise $9.2m through share issue
Sports betting and igaming operator and supplier Newgioco aims to raise net proceeds of at least $9.2m through a share offering in order to repay outstanding debts as well as to accumulate working capital and or general corporate purposes.
daily_news
27 July 2020
Rush Street Interactive to go public on NYSE
Rush Street Interactive (RSI) is set to be the latest US online gambling operator to go public after agreeing a reverse merger with special purpose acquisition company dMY Technology Group.
daily_news
27 July 2020
Superbet acquires majority stake in Lucky 7
Superbet Group has acquired a 60% stake in online casino operator Lucky 7, in a deal the Central and Eastern European betting and gaming business said would help to diversify its operations.
daily_news
24 July 2020
Casino drives Kindred to revenue growth in first half
Kindred Group has reported a year-on-year rise in revenue during the first half of the year, despite its business being impacted by the novel coronavirus (Covid-19) pandemic.
daily_news
24 July 2020
Newgioco returns to profit in first quarter
Newgioco Group has reported a year-on-year rise in revenue for the first quarter, while the betting and gaming operator and supplier was also able to return to a net profit during the period.
daily_news
24 July 2020
SG hails “better than expected” Q2 despite revenue decline
Scientific Games' losses increased in Q2 as revenue fell 37.2% to $539m (£423m/€465m), but the business said its results were "better than expected" given the outbreak of the novel coronavirus (Covid-19).
daily_news
23 July 2020
XLMedia forecasts revenue decline in first half
Affiliate marketing services provider XLMedia has said it expects to post a year-on-year drop in revenue for the first half of 2020, primarily due to Google de-ranking a number of its websites and also the impact of the novel coronavirus (Covid-19) pandemic.
daily_news
23 July 2020
Covid-19: FY expectations downgraded to $356.9bn
H2 Gambling Capital downgraded its annual expectations for the global gambling sector by a further $780m to $356.9bn this week.
daily_news
21 July 2020
Casino growth helps Betsson to record revenue in Q2
Betsson has revealed that it was able to achieve record revenue in the second quarter of 2020 despite “challenging” operating conditions caused by the novel coronavirus (Covid-19) pandemic.
daily_news
20 July 2020
Catena Media forecasts record revenue and profit for Q2
Affiliate giant Catena Media has said that it expects to achieve record revenue and profit in the second quarter of 2020, despite its business being affected by the novel coronavirus (Covid-19) pandemic.
daily_news
20 July 2020
Covid-19 leads to 9.6% decline in Svenska Spel revenue in H1
Svenska Spel chief executive Patrik Hofbauer said the operator is showing signs of recovery following the disruption caused by novel coronavirus (Covid-19), which led to a 9.6% year-on-year revenue decline in the first half of the year.
news_analysis
20 July 2020
The fall of King Kenny: GVC loses its leading light
From AIM minnow to FTSE 100 constituent, the story of Kenny Alexander’s 13 years at GVC is an extraordinary tale but the derailment of its retail strategy by the pandemic leaves a lot riding on the US for his highly rated successor, writes Scott Longley
daily_news
17 July 2020
Evolution almost doubles profit in first half
Live dealer market leader Evolution Gaming has reported strong growth in the first half of 2020, with profit for the period almost doubling.
daily_news
17 July 2020
Covid 19: online share on the rise
H2 Gambling Capital upgraded online gambling’s share of expected 2020 global gross win to 17.4% this week, with this expected to edge past 18% in the not-too-distant future.
daily_news
16 July 2020
Covid-19 leads to 11% decline in GVC revenue in H1
GVC Holdings has reported an 11% year-on-year decline in revenue for the first half of 2020, though outgoing chief executive Kenneth Alexander hailed the strong performance of the operator’s online business during the period.
daily_news
15 July 2020
Delaware igaming stakes top $100m so far in 2020
Delaware saw a third consecutive month where online gaming handle topped $20m in June, although figures were slightly down on April and May.
article
15 July 2020
Spain iGaming Dashboard - Q1 2020
Spain’s igaming market put in an impressive performance in the first quarter, despite the shutdown of sporting events from the middle of March impacting betting activity in the tail end of the period
article
13 July 2020
Italy iGaming Dashboard - July 2020
The reopening of retail venues last month boosted Italy’s sports betting market but thus far revenues have rebounded only to around the levels seen during the first month of the lockdown
daily_news
13 July 2020
Stoiximan rebrands as Kaizen Gaming
The group behind operators Stoiximan and Betano has rebranded as Kaizen Gaming.
daily_news
10 July 2020
Spanish gambling revenue grows 12.5% in Q1
Spanish gambling revenue grew 12.5% year-on-year in the first quarter of 2020, thanks to growth across all verticals including sports betting, despite the suspension of major sporting events from mid-March due to novel coronavirus (Covid-19).

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