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Lotteries & Keno drive Tabcorp first half revenue growth

Sydney-listed gaming giant Tabcorp has reported a 4 per cent increase in revenue to AUD$2,913.9m for the first half ended 31 December, buoyed by a strong performance from the Lotteries & Keno segment.

Revenue from Lotteries & Keno rose 12 per cent year-on-year to $1,584.3m, driven by digital and retail growth and a [...]

5 mins read
Scientific Games

Scientific Games posts 2019 revenue growth despite Q4 blip

New York-listed supplier Scientific Games has reported a 1 per cent increase in revenue to $3.40bn for the full 2019 year, despite posting a decline in revenue during the final quarter of the year.

Revenue in Q4 fell by 3 per cent year-on-year to $863m, largely driven by a 5 per cent drop on [...]

4 mins read

SciPlay eyes new products and markets following strong growth in 2019

Scientific Games’ social gaming spinoff SciPlay grew revenue by 11.9 per cent to $465.8m in 2019, despite a fall in the final quarter of the year.

SciPlay’s fourth quarter revenue was marginally lower than the same period a year ago at $112.9m following an adjustment to previously reported figures, which resulted in a negative $6.3m [...]

3 mins read

Catena Media slips to Q4 operating loss as write-downs impact bottom line

Shares in Catena Media slumped by nearly 18 per cent in Stockholm Tuesday after the company warned that it would post an operating loss for the final quarter of 2019.

Catena Media said that its Q4 results would be impacted by the impairment of intangible assets, the adoption of IFRS 9 accounting assumptions, and an [...]

3 mins read
Gaming Innovation Group

Gaming Innovation Group predicts return to growth as B2B supplier

Oslo-listed Gaming Innovation Group has reported a net loss of €64.7m for 2019 as it transitions away from gaming operations to focus on its B2B offering.

Gaming Innovation Group’s (GiG) full year revenue amounted to €123.0m in 2019 compared to €151.4m a year earlier, with the 19 per cent decline attributable to lower B2C revenue [...]

4 mins read

Strong year for French operators as sports betting turnover surpasses €5bn

France’s regulated online betting and gaming market has recorded its best performance since 2010 as total gross gaming revenue increased by 18 per cent to €1.42bn during 2019.

Sports betting turnover from the country’s 13 licensed operators surpassed €5bn for the first time in 2019, climbing 30 per cent versus the prior year period to [...]

1 min read

Online casino growth fails to offset sports betting decline in Denmark

Denmark’s regulated betting and gaming market declined for the second consecutive quarter as total gross gaming revenue fell by 3 per cent to DKK1,613m (€215.9m) during the final quarter of 2019.

Sports betting remained the biggest sector in Q4 with a 38 per cent share of the market, despite GGR declining by 6.5 per [...]

1 min read
Aspire Global

Tax settlement erodes Aspire Global profit in 2019

Stockholm-listed gaming supplier and operator Aspire Global benefited from strong growth in its B2B division in 2019, helping full year revenue to climb by 26 per cent to €131.4m, although a tax settlement in Israel resulted in profit of just €405,000 for the year.

Aspire Global’s B2B division, which includes recently-acquired [...]

1 min read

Strong January for Delaware as iGaming net revenue grows 39%

Delaware’s regulated iGaming market enjoyed a strong start to the year as net revenue grew 39 per cent to $387,865 in January.

Total amounts played at the state’s three licensed operators increased by 38 per cent to $10.2m, with Delaware Park attracting $4.4m, Dover Downs $3.8m and Harrington Raceway a further $2.0m.

Delaware [...]

1 min read

Strong growth in online gaming fails to offset lottery decline at Loto-Quebec

Canadian provincial lottery operator Loto-Quebec has reported a 3 per cent fall in revenue for the first nine months of its 2019/20 fiscal year, with solid growth from gaming halls and online casino failing to offset lower lottery and land-based casino revenue.

Revenue for the nine-month period ended 31 December amounted to CAD$2.10bn compared [...]

1 min read

Svenska Spel Q4 revenue grows to SEK2.48bn

Swedish state-owned lottery and gaming operator Svenska Spel has reported a 2 per cent drop in full year net gaming revenue to SEK8.58bn (€813.9m) for 2019, despite an improved performance during the fourth quarter.

Svenska Spel said that its digital and sports and casino businesses continued to develop positively during the [...]

1 min read

LeoVegas full year revenue grows to €356m in 2019

Stockholm-listed operator LeoVegas has reported a 3 per cent increase in revenue to €87.1m for the final quarter of 2019, with results boosted by improved performances in Sweden and Germany.

Excluding the UK market, the operator recorded organic revenue growth in local currencies of 11 per cent compared to last year, with LeoVegas [...]

1 min read
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