Tag: Revenue

Revenues stagnant in “year of transition” for William Hill

William Hill revenue
William Hill’s revenues grew by just one percent in the first half of this year, with adjusting operating profits down by 33 percent, amid regulatory..

Intralot celebrates WyoLotto success

Intralot has congratulated its partners at Wyoming Lottery Corporation on surpassing $5.4m in local treasury transfers in FY2019. This is the highest annual transfer total to the State Treasurer’s Office since WyoLotto launched in August 2014. This comes in addition to the recent Sharon Sharp Award that WyoLotto received for being the lottery that achieved the highest percentage increase in...

Greek online market dominates land-based in revenue growth

Greece, online market, dominates, land-based, revenue, growth
The Greek online gambling market saw GGR hit E356m for the first 11 months of 2018, one third higher than during the same period in 2017. The figure also sits 46 percent higher than the E222.8m generated by the land-based market up to November 2018…

Scientific Games announces third quarter 2018 Results

sg gaming results
Scientific Games also highlighted that its revenue growth reflects continued momentum and giving 'a clear avenue for deleveraging'. Third Quarter 2018 Financial Highlights: • Third quarter revenue rose 7 percent to $821.0 million, up from $768.9 million…

Yggdrasil pursue expansion plans as partnership investments deliver returns

YGGDRASIL, FINANCIALS, revenue, business
Yggdrasil has announced revenue of $7.8m for the third quarter of 2018, a 62 percent increase on 2017’s figure of $4.8m, after player rounds increased 51 percent to 1,534 million. The three month period contributed to the 66 percent increase

Novomatic reports record results despite drop in technology revenue

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%,”...

Mobile games key factor in NetEnt revenue growth

BBi - NetEnt EGR B2B Awards mobile
The latest interim report from NetEnt shows the company has continued to increase its revenue profits, particularly in the mobile games sector.   Commenting on the Q2 2017 figures, Per Eriksson, President and CEO, said: “The quarter featured continued solid growth, higher profitability and a strong cash flow. The most important growth drivers were mobile games, Great Britain and Italy. During...

Yggdrasil sees triple-digit revenue growth in FY2016

Betting Business Yggdrasil Gaming Tain revenue
Young Swedish development firm Yggdrasil continued its stellar ascent in 2016, with both revenue and EBITDA exhibiting triple-digit growth year-on-year. Now, with the launch of its latest White Label Studios initiative, the company continues to carve out a niche for itself as one of the industry’s leading innovators.   Yggdrasil, a Sweden-based gaming solutions supplier, is celebrating another consecutive year of...

Revenue growth poises Playtech for further purchases

Betting Business - Playtech revenue 2017 growth omni
Things are looking good for online gaming’s most procurement-prone provider. 2016 saw Playtech achieve three strategic M&As, an impressive record of customer renewals, and 20 percent growth in revenue. The window is wide open, it says, for further acquisitions.   Among the accolades posted by igaming provider, Playtech, was a 20 percent rise in revenue for the 12 months to NYE,...

New trends forecast US online gambling revenue through 2020

Betting Business online gaming trends
US online gambling is growing slowly, but new trends are now suggesting higher compounded growth rates into 2020   An increasing amount of analytical research is now helping to bring to light several trends taking place in the US online gambling industry, ultimately leading to more accurate revenue forecasts within the next three years. As reported by Gambling.org, two such trends include...

Newzoo predicts 2016 esports revenue up seven percent to $493m by year end

Betting Business Global eSports
Data analysts Newzoo has released a new report to paid subscribers revealing a belief that eSports revenue for 2016 will grow to $493m (€441m) by year end, a seven percent increase on the original forecast made at the turn of the year. When Newzoo released their Global eSports Marketing report at the beginning of 2016, eSports revenue was predicted to...

Malta sees 4.3 percent boost to gaming revenue in 2015

Malta Gaming Authority ganapati licences MGA
Malta’s online and retail gaming industry grew by 4.3 percent in 2015, bringing in revenues of €60.9m, according to new figures released by the Malta Gaming Authority (MGA). The gaming industry, which now accounts for 8.2 percent of Gross Value Added (GVA) in the Maltese economy, also contributed €55.8m in gaming taxes - up 4.9 percent from €53.2m in 2014. Outside...