Finance

Gaming Innovation Group revenues down 16% in Q2 as Swedish “headwinds” bite

2018 strategic review leads to falls in operating and marketing expenses during Q2

Gaming Innovation Group (GiG) has revealed a 16% year-on-year fall in Q2 revenues to €31m due to the headwinds of “a tougher Swedish market”. The company also lost a B2B contract in Q4 2018, which wasn’t named, but GiG said it affected YoY comparisons to the tune of €4.8m in Q1 2019 and €2.2m in…

Casino | Finance | Gaming Innovation Group | Rizk.com | Robin Reed | Sweden

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