888 Holdings has put a significant year-on-year decline in profit before tax in the first half down to higher spending, although the online gambling operator was able to post an increase in revenue for the period.
The Swiss canton of Glarus has launched a public consultation on a series of changes to its gambling laws, following the implementation of the Federal Act on Real-Money Gaming (Bundesgesetz über Geldspiele) in January 2019.
The summer’s lack of a major sports betting event slowed the growth of Spain’s regulated online gaming market, though the popularity of online slots ensured the market posted year-on-year growth during the second quarter.
Increased B2C revenue resulting from Playtech’s 2018 acquisition of Italy’s Snaitech offset a decline in B2B revenue for the gaming solutions giant in H1, though the deal also resulted in increased depreciation and amortisation, and financial costs, which hit profits.
GVC Holdings has revised its full year profit projections upwards for the second time this year after the operator’s online and European retail growth helped offset a weaker performance from its UK retail arm.
iGaming Business and Ficom Leisure are pleased to present the Portugal iGaming Dashboard, providing revenue, product and game metrics on the dot.pt regulated market. The data is updated quarterly following the official release of the figures by Portuguese regulator the Serviço de Regulação e Inspeção de Jogos (SRIJ).
Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals.