Finance news sponsored by SBTech

Shares in sports betting provider Kambi Group rose by more than 12 per cent in Stockholm Tuesday after the company revealed that it benefited from an unusually high number of favourable sporting results during the fourth quarter of 2017.

London-listed gaming solutions provider Nektan has raised gross proceeds of £1.76m to invest in its Evolve gaming platform and to aid in geographic expansion into Asia and North America.

UK-based software developer and operator Gamesys has reported a 9 per cent increase in turnover to £230.7m for the year ended March 31st 2017, having seen continued growth from its real-money gaming offering.

China’s lottery market generated total sales of RMB38.56bn (€4.93bn) during November 2017, the highest monthly total in nearly three years.

GIQ Magazine