Italian gaming operator SNAI has reported a 10 per cent drop in revenues to €141.0m (US$181.4m) for the first quarter of 2012, following a continued decline in sports betting.
SNAI said that its first quarter results were impacted by a fall in sports betting revenues and a further contraction from its horse race betting offering. Sports betting payouts rose to 80.2 per cent during the period, compared to 77.3 per cent in the corresponding period last [...]
