London-listed payments provider SafeCharge has revealed that it generated record transaction processing volumes and revenue during the final quarter of last year following the launch of its services for several iGaming brands in 2016.
London-listed gaming operator Ladbrokes Coral Group said Wednesday that it expects its 2016 operating profit to increase by as much as 21 per cent to between £275m and £285m, despite the impact of poor sporting results in the UK during the second half of December.
French gaming operator Pari-Mutuel Urbain (PMU) has said that an overhaul of its technology and expansion into new markets will help it return to sustainable growth following a 1.3 per cent rise in gross gaming revenue in 2016.
London-listed payment solutions provider Paysafe Group said Thursday that it expects to report 2016 revenue of over US$1bn, ahead of the upper end of its previous guidance range and the first time that it has topped the billion dollar mark.
German online lottery broker Lotto24 expects revenue for the final quarter of 2016 to be ahead of expectations after benefiting from “very favourable” jackpot conditions, particularly on the EuroJackpot game.
Shares in William Hill fell by more than 3 per cent in London Monday morning after the UK bookmaker said that its 2016 operating profit would be in the region of £260m, at the lower end of its previous guidance.
London-listed B2B mobile gaming provider Nektan has posted a 71 per cent increase in net gaming revenue to £3.6m for its financial second quarter ended December 31st, having seen the number of transactions processed by its platform double compared to last year.
New Jersey’s regulated iGaming market saw internet gaming win increase by 32 per cent to $196.71m in 2016, with the Borgata holding off the challenge of Golden Nugget to maintain its market leadership position.