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International Game Technology (IGT) has seen revenue from its DoubleDown Casino social gaming business decline for the second consecutive quarter, although overall the company was able to record a 1 per cent increase in total revenue during the second quarter of 2016.

Sweden’s gaming monopoly operator Svenska Spel has reported a 1 per cent increase in net gaming revenue to SEK4,392m (€463.5m) for the first half of 2016, buoyed by continued strong growth in its online channel. 

Swedish sportsbook supplier Kambi Group has seen net profit more than triple to €1.8m for the second quarter of 2016, a period which saw it launch online sportsbooks for three operators ahead of Euro 2016.

The Indian tribal gaming industry generated total gross gaming revenue of US$29.9bn during 2015, with the Washington DC and Sacramento regions representing the two biggest contributors during the year.

London-listed online financial trading business CMC Markets experienced a decline in revenue per active client during the second quarter of 2016, but said that it continues to make good progress against its strategic plan initiated at the start of the year.

London-listed iGaming marketing solutions provider XLMedia has said that it expects revenue for the first half of this year to increase by 39 per cent to US$51m, following the diversification of its business across geographies and verticals.

Stockholm-listed gaming operator Betsson has said that its financial performance in the second quarter of 2016 did not live up to expectations, having seen revenue increase by only 9 per cent to SEK935.4m (approx. €98m) due to lower sportsbook margins and exchange rate fluctuations.