Unibet saw gross winning revenue increase by 22% to £37.8m as they celebrated entering the Italian market with a stellar set of figures. Casino, poke rand other games were the most important contributors with gross recenue up 34% to £23.3m compared with the same period last year. Their sportsbook product saw an incremental increase of 7% in gross revenue to £14.4m with live betting now accounting for 44.5% of bets placed. The next few months will be exciting for the green machine as they await approval for a Danish license.
Loto-Quebec had the online gaming industry to thanks for almost dragging its ass out of the mud in their latest results. Quarterly earnings declined by more than $5million with video lotteries bearing the blame for these declines. Online gaming, which wasn’t present on last year’s Q2 balance sheet, contributed $4m to the earnings and made sure that it wasn’t all bad news for the Canadian firm.