Financial news sponsored by TXODDS

US gaming and lottery supplier International Game Technology (IGT) has recorded a 3 per cent increase in revenue to $1,281.6m for the first quarter of 2016, although the company’s bottom line was negatively impacted by foreign exchange losses incurred during the period.

London-listed binary options provider TechFinancials said Thursday that its focus in 2016 will be on integrating its new agreements with Optionfortune and IBID Holdings, and building on the recent progress made in restoring its customer-facing business to profitability.

Chinese lottery solutions provider 500.com has revealed an operating loss of RMB97.3m (approx.€13.2m) for the first quarter of 2016, as China's ongoing suspension of online lottery sales continues to decimate the business.

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