GiG Q1 revenues drop 13% amid Swedish regulatory woes

Operator reports Q1 2019 decreases in all key verticals

Gaming Innovation Group (GiG) reported a 13% year-on-year drop in its Q1 2019 revenues, which fell to €32.4m (£27.7m), citing the impact of Swedish regulation on its revenues. Company EBITDA also fell by 4.6% y-o-y, decreasing to €4.1m in Q1 2019, with GiG operating with an increased EBITDA margin of 12.7% during the quarter. Decreases…

Finance | Gaming Innovation Group | GIG | Q1 Results