Austrian gaming giant NOVOMATIC Group has reported record revenue for 2015, with the company crediting the success of its European expansion strategy for the growth.

Full year revenue grew 5.5 per cent year-on-year to €2.09bn, the highest level in the operator’s 35-year history, with the company highlighting the strong performance of gaming technology rentals, which climbed 7.9 per cent year-on-year to €594.7m.

Despite the revenue growth, however, earnings before interest, tax, depreciation and amortisation fell by 4.7 per cent to €616.7m.

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