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Nio prepares for Betspin.com UK roll out after difficult 2014

19th February 2015 7:30 am GMT

Nio, the Oslo-listed gaming operator which recently acquired Gaming Innovation Group, has reported a net loss of US$5.3m for 2014, after seeing full year revenue decline by 24 per cent during the period.

During the fourth quarter, revenue amounted to just $0.3m, down 74 per cent compared to a year ago, following the company’s exit from the auction business last year. For the full year, revenue was down 24 per cent to $5.3m.

"The quarterly results reflects [...]

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