The Stars Group has stated that the acquisition of Sky Betting & Gaming has had a significant impact on their revenue for the last year, with an increase of 74% year-on-year during a period that CEO Rafi Ashkenazi has called a “landmark” quarter for the group. Total revenue was $572 million for the third quarter, while gross profit has increased ….
Online operator Bet-At-Home has stated that their higher marketing spending budget during the football World Cup helped them bring in new customers, as well as drive their EBITDA to a record high by the end of the third quarter. EBITDA in the last three months leading up to the end of September amounted of $14.8 million, which was higher than ….
Gaming Innovation Group has recently received permission to begin offering its in-house games to the United Kingdom market under a new B2B licence that was awarded by the Gambling Commission. The B2B licence has been integrated into their B2C licence in the UK, and will work with their GIG software framework. The new venture will allow the operator to offer ….
Online operator Cherry has explained that the likelihood of a new IPO for their Yggdrasil game development division is low, which comes after the Swedish firm’s gaming brand, ComeOn, had driven group revenue up by 58% to total of SEK899 million during the third quarter. Organic growth across the group has also improved by 46%, which has added in the ….
Evolution Gaming has announced a new deal with The Stars Group who are currently operating out of the state of New Jersey. The move will see Evolution providing on-demand live casino services for New Jersey players, and the supplier has stated that they have already exceeded expectations within the state. Evolution is set to start powering the live casino platformPokerStarsCasinoNJ.com, ….
NetEnt has recently announced the signing of a deal between itself and casino giant Penn as its first official partner within Pennsylvania, not long after it revealed the Jumanji-fronted boost that they operator experienced during Q3. The developer saw share prices increase by almost %15 after it reported a rise in total revenue to SEK 449 million, along with an ….
Online gaming supplier Nektan has recently brought in Jaydeep Chakravartty to assist the company’s plans for expansion in the Asian and EMEA regions where he will taking over the role of vice-president of commercials. Chakravartty is joining the company after leaving Ingenuity Gaming, where he took on the role of commercial director for a total of six years. Before that, ….
Platform and casino games supplier Relax Gaming has recently announced two new industry executive hires not long after the launch of its partnership programmes. Shelley Hannah has been added to the operator as director of casino products, having previously worked as the head of framework products at NetEnt, as well as the head of delivery at Odobo. Uros Bohinc has ….
GVC Holdings has seen a 28% growth in their net gaming revenue as of the end of Q3 2018, which includes a 31% increase in their sports brands. The operator experienced the growth across all of their markets, and the figures for Q3 were increased largely by the World Cup. NGR was reported as being 30% ahead in Germany, 14% ….
Microgaming has recently reached an agreement to start supplying online operator Betsson with a series of new online game. Part of the deal will see Betsson have complete access to all of Microgaming’s bingo selection, with the products expected to begin rolling out in Betsson’s Spanish, UK, and Scandinavian brands later this year, with more to follow in 2019. Along ….
