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VGT/VLT News

Novomatic targets cost synergies as H1 revenue falls 1.8%

Austrian gaming operator and supplier Novomatic has recorded a 1.8 per cent decline in revenue in the first half of 2019, as the impact of regulatory changes in Germany and Italy offset growth in its core markets of Austria, Spain and the Netherlands.

1 min read

Currency fluctuations impact Intralot revenue in H1

Athens-listed Intralot has reported an 8 per cent drop in revenue to €378.1m for the first half of 2019, with growth in the Americas offset by a decline in Europe and other territories.

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IGT

IGT seals deal to upgrade Oregon Lottery’s VLT system

New York-listed supplier International Game Technology (IGT) has been selected to upgrade the Oregon Lottery’s central computer system.

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Delaware iGaming market buoyed by video lottery and poker growth in July

Delaware’s regulated iGaming market has recorded a 16 per cent increase in net revenue to $288,675 for the month of July.

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Inspired Entertainment posts Q2 revenue decline as FOBT stake cut kicks in

New York-listed gaming supplier Inspired Entertainment has reported a 28 per cent decline in revenue to $26.7m for the second quarter of 2019.

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AGS board approves share repurchase programme

New York-listed gaming supplier AGS has secured board approval to conduct a buyback of up to $50m in common stock over the next two years.

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Pennsylvania

Pennsylvania regulator launches VGT self-exclusion program

The Pennsylvania Gaming Control Board (PGCB) has launched a new self-exclusion program for video gaming terminals (VGTs) across the state.

1 min read

Blueprint Operations appoints new head of corporate accounts

Gauselmann Group subsidiary Blueprint Operations has appointed Nicola Wallbank as its new head of corporate accounts.

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AGS shares plummet on slower revenue growth in second quarter

Shares in New York-listed gaming supplier AGS closed almost 52 per cent lower Thursday after the company reported a 2 per cent increase in revenue to $74.5m for the second quarter of 2019 and a decline from its Interactive division.

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Veikkaus suspends advertising after public backlash

Finland’s state-owned gaming operator Veikkaus has launched a review of its marketing activities following public backlash against its recent advertising.

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Governor Pritzker names new Illinois Gaming Board members

Illinois Governor J.B. Pritzker has appointed Charles Schmadeke to serve as chairman of the Illinois Gaming Board.

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IGT

Solid second quarter for IGT as revenue grows to $1.2bn

New York-listed International Game Technology (IGT) has reported a 3 per cent increase in revenue to $1,234m for the second quarter of 2019.

1 min read
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