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SNAI loss widens as sports betting decline weighs on Q3 results

16th November 2015 7:24 am GMT

Italian gaming operator SNAI has reported a 2 per cent increase in total revenue to €403.3m for the nine month period ended September 30th, despite posting an 8 per cent drop in third quarter revenue.

Revenue from sales and services were down 5 per cent compared to the same period last year to €374.4m, with increased revenue from its gaming machines segment (AWPs and VLTs) and Società Trenno racetrack operations offset by a decrease in sports [...]

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