After recording a 3 per cent decline in turnover to €1.1bn in 2010, the Belgian National Lottery says that it plans to launch a number of new products this year, including a new online scratch card offering, as it looks to stem a continuing decline in annual turnover.
Figures released Monday by the New Jersey Casino Control Commission have revealed a 9.6 percent drop in 2010 casino revenues to $3.6bn, with slot machine revenues down by 9 percent to $2.48bn and revenue from table games down by 10.9 percent to $1.09bn.
Her Majesty’s Revenue & Customs (HMRC) has rejected a claim from Football Pools operator Sportech plc for the repayment of VAT overpaid in respect of the company’s ‘Spot the Ball’ game which was offered between 1979 and 1996.
Mobile gambling specialist Probability plc has reported a 30 per cent increase in net gaming revenues to a record £1.5m for the third quarter ended December 31st, which the company said was a result of adverse weather conditions affecting the UK during the period.
Italy’s gaming sector is on course for a record breaking 2010 thanks to another month of strong growth in November, in larger part once again thanks to the Italians’ love of slot machines and VLTs.
Following the launch of a number of new products last year, London Capital Group Holdings plc (LCG) said Tuesday that it is well positioned for growth this year, with the company expecting to report full year profit before tax for 2010 in line with current market expectations.
Having acquired a U.S pari-mutuel hub operating licence via its subsidiary European Wagering Services(EWS) earlier this year, Webis Holdings plc said Friday that it will establish a presence within the U.S and increase marketing and development activity as it actively pursues the continued growth of EWS.
Following a successful year during which the company saw revenues increase by 27 per cent to more than one billion pesos for the first time ever, shareholders of the Philippines' PhilWeb Corp. have approved a proposal to issue new shares to raise up to P5 billion (€87.2m) to fund future acquisition and expansion projects to be undertaken by the company.
PartyGaming plc said Friday that it is in advanced discussions with a number of licensed companies in the U.S that could create substantial value for the company’s shareholders, as the possibility of a regulated U.S gaming market gathers momentum at both a federal and state level.
The Weather Lottery (TWL) said Monday that it is looking to add a new range of gaming products for both existing and new customers, including an online and offline sportsbook operation as well as online casino, slots and poker products, after the company recorded an 8 per cent decline in revenues for the year ended July 31st 2010.
GVC Holdings plc said that it expects its 2010 results to be in line with market expectations, despite posting a 12 per cent decline in average daily net gaming revenues to €142,000 for the eleven week period ended December 15th.