Finance news sponsored by SBTech

Milan-listed betting and gaming operator Snaitech has reported a net profit of €27.1m for 2017 following its successful merger with Cogetech.

London-listed 888 Holdings has reported a 4 per cent increase in full-year revenue to a record US$541.8m in 2017, although net profit fell by 76 per cent due to tax and regulatory issues in Germany and the UK.

Spanish gaming operator Cirsa has reported a 6 per cent increase in operating income to €1.72bn for 2017 following growth in Spain and international markets and the continued expansion of its Sportium joint venture.

GIQ Magazine