Macau gaming regulators are conducting audits of licensed casino junket operators to determine the value of bad debts on their books.

In a report this week, public broadcaster TDM quoted Gaming Inspection and Coordination Bureau (DICJ) chief Paulo Martins Chan saying his office had tasked auditors with going over the accounts of licensed junkets to get a sense of the scale of their unrecoverable loans to high-rolling gamblers.

Late last year, the DICJ imposed new rules requiring junkets to submit monthly financial data in a bid to impose stricter accountability of the industry. The move was prompted by a wave of scandals, including internal thefts that left junket investors high and dry and led to the closure of many junket-controlled VIP rooms.

Chan told TDM that the DICJ was in uncharted territory as “we have never had this kind of information before.” Chan said he hopes to get a sense of just how bad the bad debt situation is by the end of 2016.

Toronto-listed online gambling technology provider NYX Gaming Group saw revenue nearly double in 2015 yet posted a net loss for the year.

This week, NYX released its financial reports covering Q4 and FY 2015, which showed strong revenue growth thanks to a year packed with new client deals and major acquisitions, although acquisition and restructuring costs gobbled up all profits (and then some).

Revenue in the three months ending Dec. 31 more than doubled to C$18.4m and adjusted earnings tripled to $1.6m, but net losses increased to $10.7m. For the year as a whole, revenue was up 92% to $52.3m and gross profits gained 86% to $44.8m but the company recorded a net loss of $8.4m, worse than the $7m loss in 2014.

The troubled Ongame online poker product was responsible for $2.9m of red ink in NYX’s Q4 numbers and losses of $11.1m for the year. Earlier this month, NYX announced it was selling Ongame’s European-facing operations – although maintaining a “significant share” of the European-facing business – while retaining the North American rights to the product.

Toronto-listed online gambling technology provider NYX Gaming Group saw revenue nearly double in 2015 yet posted a net loss for the year.

This week, NYX released its financial reports covering Q4 and FY 2015, which showed strong revenue growth thanks to a year packed with new client deals and major acquisitions, although acquisition and restructuring costs gobbled up all profits (and then some).

Revenue in the three months ending Dec. 31 more than doubled to C$18.4m and adjusted earnings tripled to $1.6m, but net losses increased to $10.7m. For the year as a whole, revenue was up 92% to $52.3m and gross profits gained 86% to $44.8m but the company recorded a net loss of $8.4m, worse than the $7m loss in 2014.

The troubled Ongame online poker product was responsible for $2.9m of red ink in NYX’s Q4 numbers and losses of $11.1m for the year. Earlier this month, NYX announced it was selling Ongame’s European-facing operations – although maintaining a “significant share” of the European-facing business – while retaining the North American rights to the product.

Italy’s regulated online gambling market revenue rose more than one-fifth in Q1 2016, led by major surges in online casino and sports betting.

According to official government figures, total online gambling revenue from Italian-licensed operators in the three months ending March 31 was €267m, up 21% from the same period last year.

The casino vertical claimed the lion’s share of the overall revenue pie at €106m, representing a hefty 38% year-on-year improvement. The surge was even higher than the 31% rise the casino vertical posted throughout all of 2015. Lottomatica (GTech) is the market’s leading online casino operator, claiming nearly 15% of 2015’s casino revenue.

Online sports betting reported an even larger year-on-year surge, rising 42% to €96m. The gains were spurred by extremely favorable sporting results in January, during which online sportsbook revenue rose 97% to €36m. Bet365 is the market’s unquestioned online sports betting operator, claiming nearly one-fifth of total online betting handle last year.

Italy’s regulated online gambling market revenue rose more than one-fifth in Q1 2016, led by major surges in online casino and sports betting.

According to official government figures, total online gambling revenue from Italian-licensed operators in the three months ending March 31 was €267m, up 21% from the same period last year.

The casino vertical claimed the lion’s share of the overall revenue pie at €106m, representing a hefty 38% year-on-year improvement. The surge was even higher than the 31% rise the casino vertical posted throughout all of 2015. Lottomatica (GTech) is the market’s leading online casino operator, claiming nearly 15% of 2015’s casino revenue.

Online sports betting reported an even larger year-on-year surge, rising 42% to €96m. The gains were spurred by extremely favorable sporting results in January, during which online sportsbook revenue rose 97% to €36m. Bet365 is the market’s unquestioned online sports betting operator, claiming nearly one-fifth of total online betting handle last year.