Australian gaming supplier and social casino operator Aristocrat Leisure has reported strong results for the six month period ended March 31st, with revenue increasing 34 per cent to a record high AUD$1.64bn.
Italian gaming operator Gamenet has reported a 4 per cent decline in group revenue to €148.9m for the first quarter of 2018, with only the company’s betting and online division seeing year-on-year growth.
New York-listed gaming supplier Inspired Entertainment has warned that last week's decision by the UK government to cut the maximum stake on fixed odds betting terminals (FOBTs) is likely to impact its annualized earnings by up to £8m.
Central European betting and gaming operator Fortuna Entertainment Group has reported a 158 per cent increase in gross win to €110.0m during the first quarter of 2018, driven by online growth and its newly acquired Hattrick Sports and Fortbet Romania businesses.
Shares in iGaming operator Mr Green climbed nearly 7 per cent in Stockholm Wednesday morning after the company revealed new financial targets for the year and a corporate rebrand to better reflect its profile as a high growth digital business.
Italian betting and gaming operator Snaitech has reported a 2 per cent drop in revenue to €223.5m for the first quarter of 2018, with growth in its retail betting and online divisions unable to offset a decline in its core gaming machines business.
London-listed iGaming operator Stride Gaming has reported a 14 per cent increase in net gaming revenue to £44.9m for the six month period ended February 28th, with almost two-thirds of this figure generated through its proprietary platform.
New York-listed International Game Technology (IGT) has seen its net loss nearly double to $103.1m during the first quarter of 2018, with results impacted by higher foreign exchange losses and a provision for income taxes of $60.5m.