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Although Kambi continued its US expansion in the  period, its CEO Kristian Nylén attributes the majority of the company’s turnover growth to operations outside the country. Operating profit was €2.6m, with a margin of 12.4% and results after tax totalled at €2m, a 33% increase. Earnings per share rose 29% to €0.066 from €0.051. Kambi […]

Evolution’s EBITDA also saw a growth of 64%, rising from €22m to €35.9m. For Q1 2019, the company’s total profit amounted to €28.6m, up 73% from €16.5m. Evolution launched 10 new games at ICE London in February, equalling the supplier’s record amount of game launches in one single year. During Q1, the company went live

Sweden re-regulated and opened its market to private and foreign companies at the start of the year and the influx of operators has been attributed as a factor for some of the decline.  The company’s CEO, Patrik Hofbauer, says Svenska Spel is pleased with the new market but not with its results in this initial

Adjusted EBITDA also increased to $74.6m for the period, a 51% rise. Net income for the period was $11.6m; it was $182m in the previous year. Churchill Downs sold Big Fish Games for $168.2m in the first quarter of 2018, with adjusted net income up 61% to $25.5m.   The operator says it realigned its

Emailage Gaming’s Business Development Director was speaking exclusively to Gambling Insider about the new rules, which will take effect in Great Britain on 7 May. Under previous parameters, gaming operators had up to 72 hours to verify a player’s age. But the new regulations, announced in February, mean customers must verify their age both before

Online revenue increased by 4% to £228m, although retail revenue was down 2% to £77m. Paddy Power Betfair said it anticipated the slight retail decline, due to the breakout of equine flu and shop closures in the Irish estate last year. The operator’s US operations, which includes FanDuel, continue to grow, with total revenue up

According to Sports Handle, Sportradar has discussed the new fee with Nevada sportsbooks at the request of the NBA. Gambling Insider reached out to Sportradar for further comment. A spokesperson for Sportradar said: “The Sports Handle article is completely inaccurate.” The report suggests multiple operators who had purchased Sportradar’s official data feed Betradar were approached with

The operator recently acquired MRG Group, which includes Mr Green and Redbet brands. Its sportsbook, powered by Kambi, will include William Hill’s “Bet Builder”, as well as odds on local Swedish sports such as trotting, ice hockey, bandy and other winter sports. The new site will also offer an array of slots and table games,

Under the new law, tax rate on sports betting revenue will be 6.75%, while a license fee will cost $45,000. In-person registration is required for those choosing to use mobile apps, which is in place until January 2021. Betting on college games will be allowed, but prop bets involving in-state college teams will be prohibited.

The bill would authorise mobile sports betting in the state, as well as at commercial and tribal casinos, should it be written into law. It expands on a ballot referendum from 2013 that approved land-based wagering at commercial casinos. Committee Chairman, Joseph Addabboo Jr. emphasized the bill was advanced to address testimony it heard last