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Cogemat merger boosts Snaitech in 2016 as online continues to grow

12th April 2017 7:59 am GMT

Milan-listed gaming operator Snaitech Group has reported a 42 per cent increase in revenue to €898.5m for 2016, benefiting from its merger with Cogemat and the continued growth of its online business.

Following the integration with its Italian rival which became effective on November 1st, revenue from gaming machines rose by 56.5 per cent to €656.3m during the year, with Snaitech now the second largest player in Italy with a market share of 15 per cent.

There [...]

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