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Virtual sports betting launch boosts SNAI in first quarter

9th May 2014 7:51 am GMT

Despite benefiting from the recent launch of its virtual sports betting offering, Italian gaming operator SNAI has reported a marginal 0.8 per cent decline in revenue to €142.3m for the first quarter of 2014.

SNAI said that its results were better than expected, with revenue down year-on-year due to declines in sports betting, horse race betting and AWPs, which offset growth from VLTs and the introduction of betting on virtual events.Sports betting wagers were down [...]

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