ATG Q3 2019 revenues up 13% as profits hit by regulation

Operator cites increased regulatory and taxation burdens following regulation

Former Swedish monopoly operator ATG has revealed a 13% year-on-year rise in net gaming revenue for the third quarter of 2019, with revenues hitting SEK1,167m. Company operating profits, however, almost halved during the same period, dropping by 48% when compared to the same period in 2018 and falling to SEK449m. ATG attributed this fall in…

ATG | Finance | Online gambling | Q3 2019 results | Sports betting | Sweden