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BMM Testlabs H1-2015 results

Monday August 31,2015 : GOOD HALF-YEAR FOR GAMBLING TESTLAB
 
BMM sees revenues and earnings rise year-on-year.
 
H1-2015 results from gambling testing agency BMM Testlabs show good year-on-year growth in earnings and revenues and the signing of 30 new clients.
 
Without providing actual financial figures, the company claimed in a media statement that revenues rose by 7 percent, and EBITDA by 51 percent, in the first half, and that in the second quarter alone it signed up 30 new clients.
 
CEO Martin Storm said the growth had been achieved across the company's 13 international offices.
 
“BMM won over 30 new clients in Q2 alone and is expanding its services to major manufacturers," Storm said. “Momentum from financial year 2014 has continued into the first half 2015. Net Income and Cash were particularly strong for the period, [with] growth being driven by new levels of operational scale achieved from 13 offices around the world and the support of more than 400 gaming jurisdictions and 330 manufacturers.”

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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