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.
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.
Affiliate giant Catena Media has amended the terms of the second and final earn-out payment for its purchase of BayBets, the German sports betting affiliate it agreed to acquire in December 2017. This will see Catena take full control of the business earlier than expected, and for a lower price.
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.
Swiss gambling regulator Eidgenössische Spielbankenkommission (ESBK) has reported a 3.4% year-on-year increase in revenue from the country’s land-based casinos in 2018, driven largely by the slot vertical.
GVC Holdings, bet365, Flutter Entertainment, William Hill and Sky Betting and Gaming have followed up plans to increase funding for problem gambling treatment and safer gambling by setting out a plan of action to cerate a safer gambling environment.
Online betting and gaming technology provider GAN has seen trading in the second quarter of its financial year beat expectations, with seasonal decline in igaming revenue offset by the strong performance of clients’ sportsbook offerings.
BNP Paribas’ involvement as a shareholder in France Pari is great news for the group and its future prospects. That doesn't mean the group will lose focus on the tasks at hand, namely launches in Spain and potentially Buenos Aires, chief executive Hervé Schlosser tells iGamingBusiness.com.
Mobile games developer Gaming Realms has reported a profit of £929,305 (€1.0m/$1.2m) for 2018 after offloading various affiliate marketing and B2C real-money gaming assets, but was hit by a drop in continuing revenue.
In the second part of iGaming Business' rundown of the year to date's most popular news stories, we see that viewers were particularly interested in US developments, while regulatory progress in Germany also attracted a lot of hits.