Mobile-focused online operator LeoVegas reported a 49% year-on-year rise in Q1 revenues, which the firm, in part, attributed to its most significant marketing investment to date. The operator also announced it will be applying for a Dutch license once the country’s remote market opens.

Swedish state-owned gaming operator Svenska Spel has seen net gaming revenue drop by 5 percent to SEK2.16bn (€224m) for the first quarter of 2017, despite growth from its online gaming business.

Meanwhile, online operator Mr Green posted a 26 percent increase in Q1 revenues to SEK276.1 million (€28.7 million). The company also completed the acquisition of Danish online gaming company Dansk Underholdning. “Since our focus is to expand in locally regulated markets, an establishment in Denmark is a natural step,” Per Norman, chief executive of Mr Green, said.

Despite its official monopoly, Svenska Spel’s market share has been shrinking ever since the introduction of online gaming made enforcing the company’s monopoly increasingly impractible. A licensing system that would allow other firms to enter the Swedish online market, however, is likely to generate even more money for the country’s Treasury than the traditional monopoly.

CalvinAyre offers a Day 1 Recap of the fourth annual Betting on Football Conference (BOFCON) currently taking place in London.

A UK parliamentary report compiled by the All-Party Parliamentary Group (APPG) that criticized fixed-odds betting terminals (FOBT) in high street betting shops was found to have breached parliamentary standards, in part because the APPG failed to disclose it made use of funding from organizations that stood to benefit from FOBT curbs.

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