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So why wait? Join forces with SiGMA Play today and take advantage of our platform to reach new heights of success. Let us assist you in attracting more players and growing your business in the highly competitive gaming industry.

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SiGMA is the global gateway to the online Gaming world. Trusted by most gaming companies worldwide, we host the industry at six annual conferences and exhibitions in both established markets and the most exciting emerging jurisdictions. With industry thought leaders and C-suite speakers, our conferences provide up-to-date insight on the latest iGaming trends, whilst our buzzing expo and evening socials provide not-to-be-missed networking opportunities.

SÃO PAULO

23-25 APR 2024

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MANILA

03-05 JUN 2024

MANILA

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BUDAPEST

02-04 SEP 2024

BUDAPEST

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MALTA

11-14 NOV 2024

MALTA

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DUBAI

23 – 25 FEB 2025

DUBAI

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CAPE TOWN

10-12 MAR 2025

CAPE TOWN

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Latest News & Headlines

The Latest Industry News

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Norway’s Norsk Rikstoto sees 4% revenue dip

‘s state-owned horse race betting operator, Norsk Rikstoto, reported a 4 percent decrease in gross gaming revenue (GGR) for the year 2023. Despite this decline, the operator managed to contribute NOK516 million (€44.0 million) to Norwegian equestrian sport.  

Turnover and racing products  

Turnover from racing products experienced a similar 4 percent decrease, amounting to NOK3.14 billion (€268.8 million). Notably, NOK1.75 billion (€149.8 million) was generated from betting on foreign horse races, highlighting the diverse nature of Norsk Rikstoto’s offerings.  

Operating performance  

After paying out NOK2.19 billion (187.5 million) in winnings to players, Norsk Rikstoto’s GGR stood at NOK952.2 million (€81.5 million), reflecting the overall decline compared to the previous year. Despite this, the operator’s net operating income surpassed NOK1.0 billion (€85.6 million), albeit still down by 4 percent year-on-year.  

Responsible gambling and operational efficiency  

Norsk Rikstoto emphasized its commitment to responsible gambling and operational efficiency under ‘s new gambling law. The operator reduced total operating expenses by 6 percent, focusing on cost optimization while maintaining a solid foundation for its operations.  

Contributions to equestrian sport  

Despite the revenue decline, Norsk Rikstoto continued its significant contributions to equestrian sport in Norway. The operator paid NOK515.8 million (€44.1 million) to good causes in the sector, reaffirming its commitment to supporting the community and creating positive societal impact.  

In a Gaming Intelligence report, Norsk Rikstoto’s managing director, Camilla Garmann, was quoted highlighting the importance of equestrian sport in Norwegian society, emphasizing its role in inclusion, health, and job creation. The operator remains dedicated to supporting equestrian activities and distributing profits to various stakeholders within the industry.  

While facing a revenue decline in 2023, Norsk Rikstoto maintains its focus on responsible gambling, operational efficiency, and supporting Norwegian equestrian sport. Despite challenges, the operator continues to play a vital role in contributing to the welfare of the community and promoting the sport of horse racing in the country.  

Upcoming SiGMA event: SiGMA Asia 2024, 3 – 5 June. Find all the details .
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