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DraftKings losses widen further in Q1 despite revenue growth
DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter before their merger closed.
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Oryx expansion helps Bragg reduce 2019 loss
Bragg Gaming Group has reported strong growth in revenue for 2019, with the growth of its game development arm Oryx and diversification of the subsidiary’s customer base helping the business cut its net loss for the year.
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Norway’s Lotterinemnda upholds Kindred blocking order
Kindred Group subsidiary Trannel International’s ban from operating in Norway has been upheld by the country’s Lottery Board (Lotterinemnda) and the operator must now stop offering online gambling to Norwegian customers.
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