Finance news sponsored by SBTech

UK National Lottery operator Camelot has credited a marginal increase in sales for its 2017-18 financial year to the early result of initiatives undertaking following the strategic review of the business last year.

London-listed Gaming Realms has reported a 7 per cent decline in total revenue to £31.6m in its audited results for 2017, despite seeing an increase in real-money gaming (RMG) revenue during the period.

Greek gaming operator Opap has reported a 5 per cent increase in gross gaming revenue (GGR) to €377.2m for the first quarter of 2018, following a strong performance from sports betting and increased contribution from video lottery terminals (VLTs).

Spanish gaming operator Cirsa Gaming Corporation has reported a marginal 0.7 per cent increase in operating profit to €106.8m for the first quarter of 2018, despite the negative impact of the devaluation of Latin American currencies against the euro.

The second quarter of the year got off to a disappointing start for Delaware’s regulated iGaming market, as net revenue declined by 7 per cent to $188,845 for the month of April.

GIQ Magazine Digital Edition