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SNAI revenue continues to slide despite sports betting growth

4th November 2013 9:28 am GMT

Italian gaming operator SNAI has reported a 4 per cent decline in total revenue to €352.4m for the nine month period ended September 30th, with growth in the company’s sports betting and video lottery terminal (VLT) businesses unable to offset continued declines in its AWP gaming machines.

Sports betting wagers fell 4 per cent to €593.2m, despite a 28 per cent increase in wagers from the company’s online channel.

Net revenue from sports betting, including pools, rose [...]

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