The latest figures from French gambling regulator L’Autorité de régulation des jeux en ligne (ARJEL) have shown the growth of horse race betting and poker has continued into the third quarter, with total revenue up 27.7% year-on-year.
Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.
Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.
Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.
Licensed sportsbook operators in Pennsylvania generated collective revenue of $19.4m (£15.1m/€17.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.
Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.
Swintt, a B2B casino games provider led by former chief executive of NYX Interactive and JPJ Group's Vera&John David Flynn, has announced a strategic investment in Indian casino games developer RNGplay.
Revenue from Denmark's regulated online gaming market increased 6.1% year-on-year to DKK1.73bn (£210.2m/€232.0m/$256.1m) in the second quarter of 2019, with mobile growing in prominence and online casino's contribution close to overtaking sports betting revenue.
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.