Finance news sponsored by SBTech

New York-listed gaming supplier Inspired Entertainment has reported a 25.3 per cent fall in third quarter revenue to $26.6m due to the impact of reduced maximum staking limits on B2 gaming machines in the UK.

London-listed online bingo and casino operator Gamesys Group has reported a 23 per cent increase in revenue to £92.4m for the third quarter of 2019, benefiting from continued growth at Vera&John in international markets.

New York-listed lottery operator 500.com has reported a 67 per cent drop in net revenue to RMB9.8m (€1.3m) for the third quarter of 2019.

Iowa’s regulated sports betting market saw total wagers increase to $46.5m in October, with more than half of the total generated online.

New York’s regulated sports betting market generated lower gross gaming revenue in October as two of the four licensed operators reported month-on-month declines.

Stockholm-listed iGaming affiliate Better Collective has reported a 54 per cent increase in revenue to €17.1m for the third quarter of 2019, with results boosted by recent acquisitions in the United States and Sweden.