Finance news sponsored by SBTech

London-listed Stride Gaming has posted a net loss of £25.6m for its financial year ended August 31st, with results impacted by an impairment charge of £9.9m reflecting a weaker outlook for social gaming.

Greek gaming operator OPAP has reported gross gaming revenue of €1.05bn for the first nine months of 2017, benefitting from an increased contribution from VLTs and the strong performance of betting in the third quarter.

New York-listed gaming and lottery supplier International Game Technology (IGT) has posted a net loss of $804m for the third quarter of 2017, with results impacted by impairment charges of $714m relating to its North America Gaming and Interactive business.

London-listed bingo and casino operator Jackpotjoy has reported a 14 per cent increase in revenue to £75.4m for the third quarter of 2017, with its Vera&John business recording the strongest growth during the period.

GIQ Magazine