This month’s edition of the RP iGaming Index sees Regulus Partners’ Paul Leyland cautiously optimistic about an upswing in the performance of igaming stocks. Market consolidation, meanwhile, has boosted a number of constituent companies.
Portugal’s regulated online gambling market achieved a new record quarterly revenue of €47.3m (£42.4m/$53.4m) during the first three months of the year, primarily due to year-on-year growth across sports betting and casino.
Online gambling operator 888 has launched its 888poker brand in the regulated Portuguese market. Customers will be able to compete against players in Spain via a shared liquidity network agreement between the two countries.
The Remote Gambling Association (RGA) and Association of British Bookmakers (ABB) are to be wound up and replaced by the Betting and Gaming Council, a new UK-facing operator body that aims to act as the industry’s mouthpiece. British Beer & Pub Association chief executive Brigid Simmonds will lead the new body.
A trio of international gaming operators have entered the race to secure online gambling licences in Argentina’s capital province of Buenos Aires. There are now 10 companies competing to secure one of seven operating licences.
In conjunction with Chris Elliott and Beth French of Wiggin LLP, iGB provides a regulatory snapshot of igaming across the EU. Belgium, France, Italy and Sweden are among those markets updated this month
Online gaming operator 888 has cited the performance of both its sports betting and casino operations as the key drivers behind a 6% year-on-year increase in revenue during the first 15 weeks of the year.