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RAY sees profits rise despite ongoing economic struggles

2nd June 2015 7:16 am GMT

Finland's state-controlled gaming operator Rahaautomaattiyhdistys (RAY) has reported a marginal increase in revenue for the first four months of 2015, with results held back by the continuing struggles of the Finnish economy.

RAY said that despite the challenging conditions, it managed to halt the recent decline in its profits, with growth across all of its businesses.

Total revenue rose by 1 per cent to €257.5m for the four-month period, with revenue from slot machines located in partners’ [...]

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