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SNAI shares soar following strong Q3 revenue growth

10th November 2014 8:54 am GMT

Italian gaming operator SNAI has reported a 12 per cent increase in revenue to €393.9m for the nine month period ended September 30th, following growth from its video lottery terminal (VLT) operations and a strong contribution from its virtual sports offering.

The company benefited from a strong performance in the third quarter of 2014, with revenue climbing 31 per cent to €130.0m, generating EBITDA of €26.4m, up 72 per cent year-on-year.

Q3 and Year-to-Date 2014 [...]

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