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IMG Arena secures Brazilian basketball live streaming extension

London-based IMG Arena has secured a six-season extension to its live streaming partnership with the Brazilian Liga Nacional de Basquete (LNB).

The deal with the LNB, which brings together the top tiers of Brazilian professional basketball, covers an increased number of matches from the Novo Basquete Brasil (NBB) league, as well [...]

2 mins read

Catena Media profit slides despite record second quarter revenue

Stockholm-listed iGaming affiliate Catena Media has reported a 17 per cent increase in revenue to a record €27.8m for the second quarter of 2020.

Casino represented 65 per cent of Q2 revenue and grew by 59 per cent to €21.2m, buoyed by all-time highs for AskGamblers, the US and Catena Media’s [...]

1 min read
Gamesys Group

Gamesys declares inaugural dividend as first half revenue soars

London-listed online bingo-led operator Gamesys Group has declared a maiden interim dividend as results for the first half of 2020 came in ahead of expectations.

Revenue soared by 101 per cent to £340.0m compared to the same period last year, reflecting continued strong growth in Asia and the UK, which offset [...]

1 min read

Social slots and poker drive Zynga’s record revenue in Q2

New York-listed social gaming giant Zynga enjoyed another record performance during the second quarter of 2020 as revenue increased by 47 per cent to $452m.

The operator benefited from continued growth in its live services, with record performances from its Social Slots portfolio, as well as the Words With Friends, CSR2 [...]

1 min read
Football

W88 signs Crystal Palace shirt sponsorship deal

Asia-facing betting and gaming operator W88 has signed a new one-year shirt sponsorship deal with English Premier League football club Crystal Palace.

W88 will serve as the club's shirt sponsor for the 2020/21 season, which begins in September, with the operator’s logo featuring on the front of the club’s adult home, [...]

2 mins read
Playtech

Playtech shares rise on resilient first half performance

London-listed gaming technology provider Playtech said Wednesday that it continues to focus on positioning the business for success in the long-term, as the COVID-19 pandemic severely impacted results during the first half of 2020.

Playtech described the H1 performance as resilient after delivering adjusted EBITDA of more than €160m, driven by [...]

1 min read

Wynn Resorts slides to Q2 loss as revenue falls 95%

New York-listed casino operator Wynn Resorts has reported a 95 per cent drop in revenue to $85.7m for the second quarter of 2020, as the COVID-19 pandemic impacted its operations in Macau and the United States.

In Macau, Q2 revenue from Wynn Palace fell by 99 per cent year-on-year to just [...]

1 min read
MGM Resorts

MGM Resorts slips to Q2 loss as COVID-19 hits revenue

New York-listed casino operator MGM Resorts International has posted a net loss of $857.3m for the second quarter of 2020, as the impact of COVID-19 pushed revenue down to just $289.8m.

Net revenue fell by 91 per cent year-on-year due to the temporary suspension of domestic casino operations, continued travel restrictions [...]

1 min read

DoubleU Games enjoys record second quarter performance

Seoul-listed social casino operator DoubleU Games recorded strong growth during the second quarter of 2020, with revenue climbing by 45 per cent to a record KRW187.8bn (€133.7m).

DoubleU’s DoubleDown Interactive generated two-thirds of the total with revenue of KRW126.2bn, recording its sixth consecutive quarter of growth.

The social casino operator attributed the [...]

1 min read

China lottery sales fall by 42% in first half of 2020

China’s lottery market has seen total sales fall by 42 per cent year-on-year to RMB123.90bn (€15.1bn) for the first half of 2020.

Lottery sales have been negatively impacted by the COVID-19 pandemic throughout the period, although sales in June were only 3 per cent lower than a year ago at RMB33.57bn, [...]

1 min read

Newcastle United extends FUN88 shirt sponsorship deal

Asia-facing gaming operator FUN88 has agreed a new long-term shirt sponsorship deal with English Premier League side Newcastle United FC.

The agreement will see FUN88’s logo continue to feature on the front of players’ shirts and training wear, having featured on the club’s first team kit for the past three years.

“We [...]

2 mins read

Hong Kong Jockey Club seasonal turnover slips to HK$121.6bn

The Hong Kong Jockey Club (HKJC) has reported a 3 per cent drop in total racing turnover to HK$121.6bn (€13.8bn) for the 2019/20 season, its third highest performance in a season, despite the impact of COVID-19.

Turnover on Hong Kong racing by Hong Kong customers fell by 8 per cent due [...]

1 min read
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