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JAXX SE has reported a 19 percent rise in revenue
03/19/2012 : JAXX REPORTS REVENUE RISE
Focus on myBet entry into newly-regulated markets
Kiel-based gaming firm JAXX SE has reported a 19 percent rise in revenue amounting to Euro 60.7 million (2010: Euro 51.2 million) over its 2011 fiscal year and an EBIT of Euro 1.6 million with business from its online gaming, sports betting and poker operation myBet boosting figures in the last quarter of the past year.
JAXX reports the sale of its lottery business as slightly delayed due to the demerging process but still making steady progress. The company expects to realise an acquisition price of Euro 12.5 million for the business.
The firm reports making inroads in both local and international markets with applications in for a sports betting and casino licence from the Schleswig-Holstein Ministry of the Interior and the Spanish gambling authority. myBet.it will launch into the Italian market within the next few weeks having been awarded an AAMS state gaming licence.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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