iGaming Business – Mobile gaming solutions provider Mkodo and online gaming software specialist OpenBet have joined forces to launch a mobile and smartphone sportsbook web application for Danish sports betting company Danske Spil. Launched through OpenBet’s sportsbook platform, the new HTML5 app has been developed for Danske Spil’s Oddset brand and is the first product to launch in the company’s agreed long-term roadmap. The app will allow Danske Spil customers to view all Oddset betting opportunities on their mobile or tablet device and will support the company’s full range of live betting events and markets. “The launch of this sportsbook…

iGaming Business – Online gaming operator 32Red has cited the growth of its mobile business as a key factor behind its fourth consecutive year of record gross gaming revenue and underlying EBITDA in the 12 months to December 31, 2013. In its final results for the year, 32Red reported that total gross gaming revenue increased 21% to £38.8 million (€46.9 million/$65 million) in 2013, which in turn led to a 15% rise in total net gaming revenue to £25.4 million. Underlying EBITDA totalled £5 million in 2013, a growth of 46% on the £3.4 million recorded in the previous year….

Strong online and mobile growth has helped Irish bookmaker Paddy Power to report a 12% year-on-year rise in pre-tax profits to €77 million ($103.2 million) in the six months until the end of June 2013. Online net revenue was up by 29% to €243 million, generating an online operating profit of €57.5 million – up 19% on the corresponding period in 2012, not considering currency value fluctuations. In Australia, Paddy Power’s net revenue increased by 33%, leading to a positive 25% uplift in operating profit to €16.5 million. In Italy, the company said that it now had a share of…