Sweden’s Betsson has warned that operating profit could fall by as much as 34.5 per cent during the second quarter of 2016, with results negative impacted by lower sportsbook revenue and unfavourable exchange rate fluctuations.
Toronto-listed iGaming supplier NYX Gaming Group has agreed a CAD$10.5m private placement offering with a private investor, which will be used to settle in part amounts owing by its US subsidiary to another investor.
In its maiden results since its London IPO in February, online financial trading business CMC Markets has reported an 18 per cent increase in net operating income to £169.3m for the year ended March 31st.
Gala Coral Group has reported a 13 per cent increase in total net revenue to £604.9m for the half year period ended April 9th, with the operator’s online channel again the stand-out performer during the period.
New Jersey’s regulated iGaming market continues to record strong growth with internet gaming win climbing by a third to $16.5m during May, despite a second consecutive month of decline from market leader Borgata.
Denmark’s regulated gaming market has recorded strong growth from its sports betting and casino products during the first quarter of 2016, with online operations accounting for 78 per cent of the total.
Greek gaming operator OPAP has posted a 26 per cent drop in net profit to €42.8m for the first quarter of 2016, with results impacted by retroactive taxes imposed from the start of the year and a 14 per cent fall in sports betting revenue.
Canadian provincial lottery and gaming operator Loto‑Québec has reported a 7 per cent increase in total revenue to CAD$3.56bn for the year ended March 31st, with its lotteries business contributing more than half of the total.
Australian gaming supplier Aristocrat Leisure has reported a 47 per cent increase in revenue to AUD$1,009.8m for the six month period ended March 31st, following strong growth in its digital channel which now represents 13 per cent of the total.