Empire Global Corporation, the investment fund behind the Italian iGaming brand Newgioco and land-based business Multigioco, has reported a 65 per cent increase in revenue to $1.1m for the third quarter of 2015 as sports betting turnover reached a new record level in September.

Gaming turnover rose 85 per cent year-on-year to $17.5m, of which $16.5m was related to web-based operations, which the company attributed to the acquisition of the land-based Rifa Srl operations in January earlier this year.

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