Betsson AB has reported its financial performance for the second quarter, citing a revenue growth of 14% year-on-year to SEK860.6 million ($99m), compared to the SEK752.3 million ($87m) posted for the same period a year ago.

The company attributed significant year-on-year expansion within its mobile business as one of the main reasons behind widespread financial growth during the three months ending in June 30, with the division posting SEK286 million in Q2 2015, up 121% year-on-year.

Operating income also increased 12% to SEK213.8 million while income before tax jumped from SEK212.3 million to SEK187.5 million posted for Q2 2014. Net income totaled SEK201.6 million compared to SEK176.6 million last year. Deposits from customers also increased during the period, totaled to SEK3.1 billion, a 19% increase year-on-year.

Due to its performance during the second quarter of the year, Betsson also posted excellent results for the first half of 2015. Revenue for the period increased 19% to SEK1.7 billion while operating income rose to SEK451.8 million. Income before tax amounted to SEK448.7 million, compared to SEK354.1 million posted for the same period a year ago and net income grew 12% to SEK201 million.

THE AMERICAS

The Coalition to Stop Internet Gambling hired Trent Lott as a lobbyist; Brazil took steps to legalize online sports betting; Fanduel raised an additional $275m in funding and players said they’d keep playing daily fantasy sports even if real-money sports betting was legal; New Jersey’s regulated online poker market hit a new all-time low; MGM Resorts opposed Connecticut tribes’ plan to put a casino on the Massachusetts’ border; New Jersey’s plan to expand casinos outside Atlantic City will have to wait until next year; Loto-Quebec justified its IP-blocking plan as a public health issue; Rafi Farber wondered where the synergies from the Scientific Games-Bally Technologies merger had gone and the 2015 World Series of Poker wound down after finalizing the new November Nine.

EUROPE

888 Holdings’ £898m offer to buy Bwin.party beat out GVC/Amaya’s bid; the UK’s online gambling point of consumption tax was referred to Europe’s top court but Ireland said it wouldn’t alter its own POCT plans; the European Commission asked Germany to justify its online sports betting law; 32Red acquired Roxy Palace; Betfair exited the Portuguese market while CEO Breon Corcoran collected a £10m bonus; the UK government rejected a bid to reduce fixed-odds betting terminal stakes; the UK Gambling Commission found “no evidence” of a massive online gambling black market; the Greek half of Cyprus finally approved its casino legislation; PokerStars announced online poker’s priciest online tournament buy-in; Interwetten’s profit quadrupled thanks to marketing reductions; Gamesys appointed Lee Fenton as its new CEO; Plumbee’s social casino Mirrorball Slots topped $50m in lifetime revenue; NYX Gaming launched its open gaming system on Full Tilt; Roy Keane sued Paddy Power for putting his face on a billboard; Mansion Group inked a sponsorship deal with Crystal Palace FC while Betfair signed on with Sunderland AFC; Mediarez Sports & Entertainment raised nearly $5m to ‘sportify’ poker; Stephanie Racquel discussed methods of nurturing an engaged culture in your company and Rebecaa Liggero examined the threat ad blocking poses to the online gambling industry.