Tag: Reports

Novomatic reports record results despite drop in technology revenue

Novomatic
Novomatic AG has reported 2017 revenue topped $3bn for the first time in its 38 year history. The Austrian gaming technology company cited the $1.9bn generated by its Gaming Operations segment, up from $1.5bn in 2016 and equivalent to 63 percent of the total, as a significant contribution. “Spain was a growth driver, with an increase in sales of over 50%,”...

Paddy Power Betfair records strong growth in 2017

Betting Business, Paddy Power Betfair, H1 growth Jackson
Paddy Power Betfair plc has reported its interim results for the six months ending 30 June 2017 with a 9% rise in revenue driven by good stakes growth.   The UK-bookmaker, Paddy Power Betfair plc, has confirmed strong results during the first six months of 2017 with strong growth driven by a number of key sporting events during the period. “We continue...

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