Finland's state-controlled gaming operator Rahaautomaattiyhdistys (RAY) has reported a 2 per cent drop in revenue to €512.3m for the first eight months of 2014, with results impacted by the continuing struggles of the Finnish economy.
The company’s land-based casino, Casino Helsinki, was the only one of RAY’s distribution channels to post year-on-year growth during the period, with revenue up 1 per cent to €18.5m.
“The reduced purchasing power of citizens had an increasing impact on the gaming [...]