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Sports betting decline continues to impact SNAI in H1

16th August 2012 7:30 am GMT

Italian gaming operator SNAI has reported a 7 per cent fall in revenues to €263.8m for the first half of 2012, despite recording significant growth from the company’s VLT and online gaming operations in Italy.

SNAI said that results were impacted by a 10 per cent drop in sports betting wagers during the period, with payouts to customers increasing to 82.4 per cent, from 79.3 per cent last year.

“Sports betting showed a contraction in wagers of10.8 [...]

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