Finance

Net Gaming Q3 revenues fall 30% as profits sink

Malta-based affiliate will appoint brand managers to try and arrest ongoing revenue slump

Net Gaming today reported a Q3 revenue decrease of 30% to €3.5m, with the affiliate attributing the downturn to its switch to revenue sharing which it said would benefit the business in the long run. Third quarter EBITDA plummeted 41% to €1.9m, compared to €3.2m in 2018, while profit after tax also dropped 44% to…

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