Finance news sponsored by SBTech

Hong Kong-listed lottery and games provider AGTech Holdings has reported a 14 per cent increase in revenue to HK$61.7m (€6.6m) for the first half of 2018, following strong growth from its Asian-facing lottery business.

New York-listed supplier Inspired Entertainment has reported a 14 per cent increase in revenue to $36.9m for its financial third quarter ended June 30th, as the company prepares to launch virtual sports with the Pennsylvania Lottery later this week.

London-listed online bingo-led operator JPJ Group has reported a 10 per cent increase in revenue to £161.1m for the first half of 2018, with the company now looking to focus solely on its core real-money gaming offering following the sale of its social business for £18m.

Tabcorp's merger with Tatts Group has helped to grow Tabcorp Group revenue for the 2017/18 financial year by 71 per cent to AUD $3,828.7m, with a swing to a net profit of $28.7m after tax.

Toronto-listed betting and gaming operator The Stars Group has reported a 35 per cent increase in total revenue to US$411.5m for the second quarter of 2018, benefiting from the first full quarter's contribution from its recent acquisitions in Australia.