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Rank Group

Rank Group returns to profit as Covid recovery continues

London-listed bingo and casino operator Rank Group has reported a 95 per cent increase in net gaming revenue (NGR) to £644.0m in the year to 30 June, with the retail segment reflecting a gradual recovery from the Covid-19 pandemic.

On a like-for-like basis, which removes the impact of club openings, closures, [...]

1 min read

Pariplay secures approval to launch iGaming content in Pennsylvania

NeoGames subsidiary Pariplay has secured its fourth license in the United States with approval as an interactive gaming manufacturer in Pennsylvania.

The license approval from the Pennsylvania Gaming Control Board (PGCB) allows Pariplay to provide proprietary and third-party games to licensed iGaming operators in the state via its Fusion iGaming platform.

The [...]

2 mins read

Raketech acquisitions drive Q2 revenue growth

Stockholm-listed gaming affiliate Raketech has reported a 28.6 per cent increase in revenue to €11.3m for the second quarter of 2022, with growth driven entirely by acquisitions.

The company said that its core portfolio of affiliation marketing assets delivered solid results during the period, despite challenging market conditions and a 4 [...]

1 min read

Entain agrees record £17m settlement for AML and social responsibility failings

London-listed Entain has agreed a £17m regulatory settlement with Britain’s Gambling Commission for social responsibility and anti-money laundering failures.

The gaming operator has also had additional conditions attached to its operating licence to ensure that a member of the board oversees an improvement plan, and that a third-party audit the business [...]

1 min read
IGT

IGT wins lottery terminal contract in Portugal

Portugal's Santa Casa da Misericórdia de Lisboa (SCML) has partnered with International Game Technology (IGT) to upgrade its retail lottery business.

Under the terms of the agreement, SCML will deploy up to 7,200 Retailer Vue lottery terminals from IGT to streamline lottery sales, with the rollout expected to complete in [...]

2 mins read

Americas drive Genius Sports’ growth as Q2 revenue climbs to $71.1m

New York-listed sports data and technology provider Genius Sports has beaten its guidance for the second consecutive quarter as group revenue increased by 27 per cent to $71.1m in Q2 2022.

Revenue in Q2 exceeded the company's previous guidance of $68.0m, with revenue climbing 42 per cent year-on-year on a constant [...]

1 min read
Gaming Innovation Group

Gaming Innovation Group boosted by Sportnco acquisition in Q2

Stockholm-listed gaming supplier Gaming Innovation Group (GiG) has reported record results for the second quarter of 2022 as revenue increased by 37 per cent to €22.1m.

Benefiting from the recent acquisition of Sportnco, revenue from Platform and Sportsbook climbed 43 per cent to €7.3m in Q2, with seven new clients signed [...]

1 min read
XTiP

Gauselmann Group resumes XTiP operations in Bremen

Gauselmann Group’s XTiP brand has reopened its retail betting outlets in Bremen, Germany after securing approval from the Bremen Ministry of Interior.

As first reported by Gaming Intelligence, retail betting outlets in Bremen were ordered to close at the start of August after the Bremen Ministry of Interior said that all [...]

1 min read
GAN

GAN lowers full year guidance as revenue growth slows to 1.8% in Q2

Shares in New York-listed gaming supplier GAN fell by more than 20 per cent in after-hours trading as the company lowered its full year revenue guidance.

Reporting second quarter results Monday, GAN said that total revenue during the period amounted to $34.97m, an increase of 1.8 per cent year-on-year.

This was driven [...]

1 min read
Denmark

Danish betting and gaming market dips in June

Denmark’s licensed betting and gaming operators recorded a13 per cent increase in total gross gaming revenue (GGR) to DKK3.26bn (€438.4m) in the first half of 2022, despite posting a decline in June.

June GGR fell by 4.5 per cent compared to the same month last year to DKK507m, with the sports [...]

1 min read
Bingo

Delasport and END 2 END agree strategic bingo partnership in the UK

Sports betting and iGaming solutions provider Delasport has agreed a partnership with Latin America-facing bingo supplier END 2 END. 

The partnership will see END 2 END provide Delasport with a bingo product for distribution to Delasport's client base, adding to its existing sports betting, iGaming and player account management solutions.

“We [...]

2 mins read

PlayAGS rejects non-binding $370m acquisition bid

Shares in PlayAGS soared by more than 25 per cent in New York Friday after the gaming supplier confirmed that a $370m acquisition bid has been rejected by the company’s board of directors.

PlayAGS confirmed that it has received a non-binding indication of interest to acquire the company after Reuters reported [...]

1 min read
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