Finance news sponsored by SBTech

Sydney-listed lottery operator Jumbo Interactive has reported a 21 per cent increase in revenue to AUD$19.3m (approx. €12.0m) for its financial first half ended December 31st, with results coming in ahead of the company’s revised guidance.

Stockholm-listed gaming operator Cherry has seen full year revenue more than double to SEK2,252m (€227.1m) in 2017, with its B2C online gaming business representing 81 per cent of the total.

New Jersey’s regulated iGaming market achieved a new record high in January as internet gaming win rose to $22.0m, with market leader Golden Nugget becoming the first licensee to generate monthly revenue of more than $7m.

Stockholm-listed sports betting supplier Kambi recorded strong revenue and profit growth in the final quarter of 2017, generating over 65 per cent of the year's net profit during the period.

GIQ Magazine