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NeoGames

Acquisition expenses push NeoGames into loss in Q1

New York-listed lottery and gaming supplier NeoGames has reported revenue of $13.2m for the first quarter of 2022 alongside strong growth at its NeoPollard Interactive joint venture.

NeoGames’ revenue decreased from $13.3m a year ago to $13.2m, while the NPi joint venture with Pollard Banknote grew revenue by 11.2 per cent [...]

1 min read
IGT

IGT declares dividend as Q1 revenue climbs 4 per cent

New York-listed lottery and gaming supplier International Game Technology (IGT) has reported a 4 per cent increase in revenue to $1.05bn in the first quarter of 2022.

IGT benefited from growth within its Global Gaming and Digital & Betting segments, which offset lower revenue from Global Lottery.

Global Lottery revenue was 9 [...]

1 min read

Belgium proposes gambling advertising ban

The Belgian government has unveiled plans to outlaw advertising by licensed gambling operators by the end of this year.

The advertising ban is meant to increase protection for vulnerable players and will apply to all operators, excluding the National Lottery.

The ban will apply to most forms of advertising, including TV and [...]

1 min read

Gambling activity in Britain remains below pre-pandemic levels

The number of people gambling in the United Kingdom continues to fall below pre-pandemic levels according to the latest data from the Gambling Commission, with the impact of the pandemic resulting in marginally more online gamblers in the past four weeks versus retail gamblers.

The survey data shows that overall participation [...]

1 min read
Svenska Spel

Svenska Spel posts 3% revenue decline in first quarter

Swedish gaming operator Svenska Spel has endured a challenging start to 2022 as revenue and earnings were negatively impacted by new weekly iGaming deposit limits introduced in January.

Total first quarter net gaming revenue (NGR) fell by 3 per cent versus a year ago to SEK1.94bn, with declines in Svenska Spel’s [...]

1 min read
Sportech

Sportech announces £7m capital distribution

London-listed technology supplier and gaming operator Sportech will return £7.0m to shareholders through a capital distribution.

The distribution follows the sale of Sportech’s terrestrial lottery business in the Dominican Republic for £9.25m in January, with retained capital earmarked for financing organic growth opportunities.

“Management's successful sale of the terrestrial lottery business facilitated [...]

1 min read
La Française des Jeux (FDJ)

Retail boosts France’s FDJ as first quarter revenue climbs 14%

French gaming and lottery operator La Française des Jeux (FDJ) has reported a 14 per cent increase in revenue to €613.0m for the first quarter of 2022.

FDJ’s solid start to the year followed a 10 per cent rise in total stakes to €5.06bn during the quarter, with the comparable period [...]

1 min read

Norsk Tipping names Thor Gjermund Eriksen as next CEO

Norway's state-owned gambling and lottery operator Norsk Tipping has named Thor Gjermund Eriksen as its next chief executive officer.

Eriksen will take over as CEO on 12 September from Åsne Havnelid, who announced earlier this year that she would be stepping down having served six years in the role.

Eriksen currently serves [...]

1 min read

Inspired signs expanded VLT deal in Canada with WCLC

New York-listed gaming supplier Inspired Entertainment has entered into a new agreement to provide its video lottery terminals (VLTs) to the Western Canada Lottery Corporation (WCLC). 

Following a formal Request for Quotation (RFQ) process, Inspired will provide an additional 700 Valor VLTs to WCLC, which acts on behalf of the Saskatchewan [...]

1 min read
IGT

IGT secures new VLT supply deal with Atlantic Lottery Corporation

New York-listed gaming supplier International Game Technology (IGT) has signed a new video lottery supply deal with Canada's Atlantic Lottery Corporation (ALC). 

The new agreement will enable IGT to provide 1,375 CrystalDual video lottery terminals (VLTs) to the provincial lottery operator throughout the remainder of the year.

IGT will launch VLTs with [...]

2 mins read
Gaming Intelligence GIQ 30

M&A and post-Covid return powers record numbers

Land-based businesses bounced back from the pandemic and online operators continued their upwards trajectory, with M&A powering companies up the GIQ30.

GAN has been one of the early beneficiaries of the opening up of the US sports betting and iGaming market, but it was its acquisition of operator Coolbet that took [...]

1 min read
Intralot

Americas drives 2021 revenue growth for Intralot

Athens-listed lottery and gaming solutions provider Intralot has reported a 20 per cent increase in group revenue to €414.0m for the full 2021 year.

The year-on-year revenue growth was driven by a 33 per cent increase in Intralot’s Licensed Operations (B2C) to €133.1m, attributable to growth in Malta and Argentina, while [...]

1 min read
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