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Tangelo Games revenue decline continues in Q2

30th August 2017 7:58 am GMT

Toronto-listed social casino operator Tangelo Games has reported an 8 per cent decline in revenue to CAD$9.3m for the second quarter of 2017, as the company remains in discussion with a number of parties regarding a potential acquisition or sale of the business.

Revenue was up 3 per cent quarter-on-quarter, although overall paying users fell by 6 per cent to 53,000 by the end of the period.

During Q2, revenue from desktop [...]

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