Mobile games developer Gaming Realms has finalised the sale of its Bear Group B2C subsidiary to River iGaming. The deal, first announced in February, is worth a total consideration of £11.5m (€12.7m/$14.3m).
GVC Holdings has cited growth within its online gambling business as the main reason behind a 5% year-on-year increase in net gaming revenue during the six months to June 30, 2019, despite a decline in revenue within the operator’s UK retail arm.
Gambling group Codere has appointed Luis Sánchez Serrano as its new corporate director of technology and digitalisation. Sánchez Serrano will report directly to group chief executive Vicente Di Loreto.
Land-based casino win helped push revenue in the regulated New Jersey gambling market up month-on-month to $283.8m (£225.7m/€251.6m) in June, despite the state seeing declines in both sports betting and online gaming revenue.
Casino games supplier NetEnt has put a year-on-year decline in revenue and operating profit in the first half of 2019 down to ongoing weak development in Nordic countries, again citing Sweden as a market of particular concern.
The Dutch Gaming Authority (KSA) has published a new draft rule which states that to be eligible for an online gambling licence, an operator must have refrained from offering online games of chance to Dutch consumers for two years.
Happy Friday igamers! This week Diary wonders why this industry's job losses are being celebrated, questions the Swedish approach, considers the collateral damage in Ireland and ponders the lack of unity in the industry.