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Sports betting decline hits SNAI as 2011 loss widens

21st March 2012 10:42 am GMT

Italian sports betting and gaming giant SNAI has reported a marginal 1 per cent decrease in revenues to €558.5m for the full 2011 year following a significant decline from the company’s sports betting offering.

In its results for the year ended December 31st released yesterday, SNAI said that revenues were broadly in line with 2010 levels, with a decline in sports betting revenues offset by new revenues from Italian video lottery terminals (VLTs).

Results for the year

The [...]

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