Publishing a corporate update, Stockholm-listed industry games developer NetEnt has detailed that its Q4 2017 results (period ending 31 December) will ‘lag behind market forecasts’. Updating stakeholders, NetEnt governance expects to deliver Q4 2017 corporate revenues of SEK 419 million (Q4 target: SEK 447 million), combined with a period EBIT of circa SEK 150 million (Q4 target: SEK 170 million). …
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Better Collective goes for Goal in Poland
Super affiliate Better Collective is extending its presence in the regulated Polish market by picking up the assets of the popular Goal.pl Group, marking the eighth major acquisition achieved by the company in 2017. Better Collective says that this particular acquisition helps further its long term strategy of expanding its presence within regulated markets. The firm is particularly interested in …
Read More »Winning Post – How 2017 shaped up for the gambling industry
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at how the gambling industry fared this year in its ‘Winning Post’ column. 2017 in review: growing up? Three key themes dominated the changing shape of the online gambling market in 2017: continuing channel shift, the continued march of Point of Consumption regimes, and increased …
Read More »NSoft releases Lucky Six to Efbet Romania
Continuing its expansion into the Romanian market, NSoft has launched its most popular set of virtual draw based games Lucky Six, Lucky X and Next Six in Romania, on the SEVEN platform. The news follows on from multiple successful NSoft launches in the last few months, including its recent breakthrough into the Polish market with Greyhound Races, Virtual Motorcycle Speedway …
Read More »Fortuna Entertainment records H1 2017 revenue & KPI growth despite enlargement costs
Presenting its H1 2017 interim results (period ending 30 June), Eastern European gambling operator Fortuna Entertainment Group has detailed a strong revenue performance combined with KPI gains driven by the growth of sports betting and gaming divisions. Updating the market, Fortuna would record a 40% group revenue increase to €720 million (H1 2016: €511 million), of which €650 million would …
Read More »LV BET nets Eurovolley sponsorship deal
LV BET has announced that it has become the official sponsor of the men’s European volleyball championships, EUROVOLLEY POLAND 2017. The tournament will begin on 24 August and culminate on 3 September, with the opening match alone expected to be watched by more than 50,000 spectators. LV BET has also announced that its ambassador for the tournament will be Polish …
Read More »SuperBet Romania launches NetRefer affiliate platform for new market expansion
Leading Romanian bookmaker SuperBet (SuperBet.ro) is set to launch its affiliate program in partnership with NetRefer player acquisition software. Updating media partners, SuperBet marketing will utilise NetRefer’s Unified Performance Marketing platform allowing it to gain comprehensive player performance tracking and reporting. An established Romanian sports betting brand, SuperBet seeks to expand its profile and services with new Eastern European markets …
Read More »Bwin explores Polish options, as competition exits market
Breaking industry trends, GVC Holdings (GVC) European online betting subsidiary Bwin is reported to be pursuing a new Polish operator license despite a severe 12% ‘betting turnover tax’ being implemented this month. Having refused to restructure its new Gambling Act, amid protest from European industry stakeholders, the Polish government has imposed its new online gambling regulatory provisions. In preparation for …
Read More »Wyjście…William Hill withdraws all services from Poland
FTSE-listed William Hill has become the latest industry operator to fully withdraw its services from the newly regulated Polish online betting market. This week the bookmaker confirmed its market withdrawal to customers and media partners stating that it would shut down its Polish betting services on 1 April. The bookmaker has asked its marketing partners to stop all campaigns and …
Read More »EnergyBet shares frustration over Polish market withdrawal
EnergyBet has confirmed that it will be withdrawing from the Polish market as of 1 April, 2017. In line with many other online international gambling services, the operator will cease to direct any advertising or promotions towards the market. EnergyBet had been watching developments regarding regulations in Poland closely for some time, and had hoped that the Polish government would …
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