Finnish state-controlled gaming operator Raha-automaattiyhdistys (Ray) has reported a 4.9 per cent increase in full year revenues for 2012, with the online gaming segment recording year-on-year growth of over 66 per cent.
Ray’s 2012 revenues climbed 4.9 per cent year-on-year to €775.1m, with growth across all segments. However, a 2 per cent lottery tax increase to 12 per cent at the start of 2012 resulted in 0.7 per cent fall in profit for the year to [...]