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Norway’s largest pension company KLP has said that it will divest all investments in the alcohol and gambling industries as part of its renewed focus on positive and sustainable social development.

Stockholm-listed Net Gaming Europe has reported a 6 per cent decline in revenue to €4.1m for the first quarter of 2019, with results impacted by new regulations in Europe and the phasing out of its paid media business as a revenue stream.

New York-listed supplier International Game Technology (IGT) has posted a net profit of $40.3m for the first quarter of 2019, benefiting from a reduction in operating expenses and a foreign exchange gain of $58.6m.

Shares in GVC Holdings gained nearly 3 per cent in London Thursday after the company revealed that the impact from the UK’s Triennial Review would be lower than expected.

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