Finance news sponsored by SBTech

European lottery and sports betting operator Sazka Group has reported a 13 per cent increase in gross gaming revenue to €1.89bn in 2018, with lottery products representing nearly two-thirds of the total.

Sports betting operator and B2B provider France Pari has reported a 13 per cent increase in revenue to €3.5m for the first quarter of 2019, benefiting from continued growth from its B2B activities.

Hong Kong-listed lottery provider AGTech Holdings has reported a 14 per cent increase in revenue to HK$20.2m (€2.3m) for the first quarter of 2019, following strong sales growth at the company’s lottery hardware division.

New York-listed Inspired Entertainment has reported a 10.1 per cent fall in revenue for the first quarter of 2019, as growth in Virtual Sports failed to offset lower Server Based Gaming revenue.

Stockholm-listed Enlabs has reported a 53 per cent increase in profit to €2.3m for the first quarter of 2019, although it warned that second quarter results will be impacted by its recent financial penalty from the UK Gambling Commission.

GIQ Magazine Digital Edition