Finance news sponsored by SBTech

Swedish casino games specialist NetEnt has seen its share price fall by almost 20 per cent on Tuesday morning after the company said that it would fail to meet revenue and profit targets for the final quarter of 2017.

London-listed payment provider SafeCharge International Group expects full-year revenue for 2017 to be in the region of $111m to $112m following a strong performance in the final quarter of the year.

London-listed bookmaker William Hill has reported better-than-expected operating profit growth in 2017, although regulatory changes in Australia have prompted the company to initiate a strategic review of the Australian business.

Delaware’s regulated iGaming market has seen full-year net revenue decline by 18 per cent to $2.39m in 2017 following another disappointing performance in the final month of the year.

GIQ Magazine