Interwetten boasted of the “most successful year in the company’s history” in its latest trading update, as gross gaming revenue (GGR) increased 25% to €99.5m in 2019, while turnover came to more than €2bn, up 30% year-on-year.
Canadian media business theScore posted a comprehensive loss of $4.1m during the first quarter of its financial year, primarily due to costs related to its ongoing expansion efforts across North America.
Players in Pennsylvania spent a total of $1.26bn on legal sports wagering in the first half of the state’s 2019-20 financial year, while revenue for the regulated market reached $91.4m during the period.
Unibet operator Kindred has issued a trading update revealing that weak sports betting margins could see the group’s earnings for the fourth quarter of 2019 fall by as much as 50% to £27m-£32m. (€31.5m-€37.3m/$35.0m-$41.5m)
Regulated bookmakers in Poland generated combined turnover of PLN6.7bn (£1.36bn/€1.58bn/$1.76bn) in 2019, a 28.8% year-on-year increase but less than the unlicensed market, according to figures from legal association Graj Legalnie.
Norwegian horse racing monopoly Norsk Rikstoto could potentially merge with Norsk Tipping to jointly run the country’s horse racing betting monopoly, according to a new report commissioned by the country's government.