Pummelled by regulatory pressures and an increasingly sophisticated black market, gambling trade bodies are uniting for the first time. The Balkan Gaming Federation hopes to promote proportionate regulation, strengthen dialogue with governments and step up the fight against illegal gambling.
RakeTech Group has acquired Danish poker community Pokernet.dk, as well as online gaming affiliate websites Odds.dk and Casinoguide.dk, while Catena Media has acquired Newcasinos.com and related affiliate assets.
Italian gambling firm Snaitech has posted a year-on-year increase in revenue for the three months to March 31, 2017, despite suffering losses across other key financial metrics.
Catena Media saw record breaking sales of €15.23m ($16.9m/£13m) for the first quarter of 2017, up 104% on the same period of 2016. Operating profit increased to €6.64m for the first quarter of 2017, an increase from €3.18m for the first quarter of last year. Meanwhile, the company recorded EBITDA of €7.22m for the first […]
