MGT Capital Investments, the online gaming and fantasy sports operator, said that it expects to report revenue of more than $2.0m for the full 2014 year, based on contributions from several of its white-label deals and its growing DraftDay platform.
In its third quarter results, MGT reported total revenue of $297,000, up from $40,000 a year ago, with gross margin accounting for 43 per cent of the total at $129,000.
Operating expenses fell by 42 per cent [...]