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Busy sports schedule and growth in casino boosts Kindred Group in Q3

Stockholm-listed gaming operator Kindred Group more than doubled profit in the third quarter of 2020 as gross winnings revenue grew by 24 per cent to £280.7m.

The company attributed the period’s strong growth to the completion of the previous season’s sports leagues following their suspension in the first half of the [...]

1 min read

Zynga delivers record third quarter as revenue surpasses $500m

New York-listed social gaming operator Zynga has raised its full year guidance after delivering its highest ever quarterly revenue performance in the third quarter of 2020.

Revenue climbed by 46 per cent year-on-year to $503m, ahead of the company’s previous guidance by $58m, as it benefited from a record performance from [...]

1 min read

Acroud posts 31% drop in revenue in Q3

Stockholm-listed iGaming affiliate Acroud (formerly New Gaming Europe) has reported a 31 per cent fall in revenue to €2.4m for the third quarter of 2020.

Acroud described the period as a challenging quarter as the previous sharp increase in poker and casino traffic in the first half of the year fell [...]

1 min read

Strong quarter for Enlabs as Q3 revenue hits record €13.6m high

Stockholm-listed betting and gaming operator Enlabs has reported a 35 per cent increase in third quarter revenue to €13.6m, benefiting from a significant rise in active customers during the period.

The "transformative quarter" saw Enlabs acquire Shogun Group, migrate Optibet Latvia onto its own platform, and make a compulsory bid to [...]

1 min read

LeoVegas posts third quarter growth despite Swedish decline

Stockholm-listed betting and gaming operator LeoVegas has reported a 1 per cent increase in revenue to €88.9m for the third quarter of 2020, despite results in the Nordic region being impacted by temporary restrictions implemented in Sweden.

Revenue from Casino accounted for 77 per cent of the Q3 total, with Live [...]

1 min read
Scientific Games

Scientific Games recovers in Q3 despite land-based gaming decline

New York-listed lottery and gaming supplier Scientific Games has reported an 18 per cent fall in revenue to $698m in the third quarter of 2020, as its core land-based gaming segment continued to be negatively impacted by COVID-19 restrictions.

Revenue improved by 29 per cent compared to the previous quarter, boosted [...]

1 min read

SciPlay revenue growth continues into third quarter

New York-listed social casino operator SciPlay enjoyed another strong quarter of growth as revenue increased by 30 per cent to $151.2m in the third quarter of 2020.

Mobile revenue increased by 35 per cent year-on-year to $131.8m, with average daily active users (DAUs) falling marginally to 2.6m. Average monthly active users [...]

1 min read
Aspire Global

Aspire Global reports 21% revenue growth in Q3

Stockholm-listed iGaming solutions provider Aspire Global grew third quarter revenue to €39.0m as it benefited from the strong development of its B2B segment.

Net revenue in the third quarter of 2020 climbed 20.7 per cent year-on-year, driven by a 33.2 per cent improvement in B2B net revenue to €30.0m.

Within B2B, the [...]

1 min read

Online drives growth for Racing and Wagering Western Australia

Australia’s Racing and Wagering Western Australia (RWWA) has reported a 5 per cent increase in revenue to AUD$450.2m for its financial year ended 31 July.

The increase in revenue was largely attributed to the halt of national and international sport during the COVID-19 pandemic, which resulted in reduced competition from other [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group posts Q3 revenue growth but losses continue

Stockholm-listed Gaming Innovation Group (GiG) has reported a 78 per cent increase in consolidated revenue to €17.9m for the third quarter of 2020, as the company continued to focus on its new B2B strategy.

Reported revenue included results from New Zealand’s Sky City, with this revenue partly offset by related cost [...]

1 min read

Scientific Games sets Melbourne Cup betting record

New York-listed supplier Scientific Games has lauded a record performance across its OpenSports platform during today’s (3 November) Melbourne Cup in Australia.

Scientific Games’ OpenSports platform processed record-breaking account transactions during the prestigious annual horse race, which took place behind closed doors and was won by Twilight Payment.

Compared to the 2019 [...]

2 mins read

Latvia gambling decline continues into third quarter

Latvia’s regulated gambling market has seen total turnover decline by 46 per cent to €129.2m in the first nine months of 2020, despite signs of improvement during the third quarter period.

With first half results significantly impacted by the COVID-19 pandemic, turnover in the third quarter improved but was still down [...]

1 min read
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