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Finnish economy struggles impact RAY’s revenue in 2014

13th February 2015 7:14 am GMT

Finland's state-controlled gaming operator Rahaautomaattiyhdistys (RAY) has reported a 2 per cent drop in revenue to €776.4m for the full 2014 year, following declines across all of its business segments.

The operator said that its results were negatively impacted by the continuing struggles of the Finnish economy.“For RAY, 2014 was a year of change,” said managing director Velipekka Nummikoski. “The financial situation in Finland was challenging, which was duly reflected in gaming as well. The [...]

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