Finance news sponsored by SBTech

New York-listed lottery provider has reported net revenue of RMB30.1m (US$4.4m) for the third quarter of 2018, with more than three-quarters of the total generated by its online lottery betting and casino business.

New York-listed gaming supplier International Game Technology (IGT) saw its share price jump 15.87 per cent on Wednesday after posting a 4 per cent improvement in adjusted EBITDA.

Oslo-listed Gaming Innovation Group (GiG) has reported strong revenue growth for the third quarter of 2018, although the company’s bottom line was negatively impacted by higher amortization charges and financial expenses during the period.

European lottery and sports betting operator Sazka Group has reported a 12.9 per cent increase in net gaming revenue to €599.2m for the first half of 2018, as total gross revenue climbed 12.1 per cent to €937.6m.

Frankfurt-listed betting and gaming operator has reported record EBITDA of €13.0m for the third quarter of 2018, benefiting from increased marketing activity ahead of the FIFA World Cup.

Stockholm-listed gaming operator Cherry has reported organic revenue growth of 46 per cent for the third quarter of the year, with acquisitions driving its growth rate to 58 per cent.