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Snaitech sees return to profit in 2017

21st March 2018 10:56 am GMT

Milan-listed betting and gaming operator Snaitech has reported a net profit of €27.1m for 2017 following its successful merger with Cogetech.

Total wagers fell by 0.5 per cent compared to the previous year to €10.48bn, despite strong growth from the operator’s growing online channel, which now accounts for 15 per cent of annual wagers.

2017 Wagers Comparison (€)

Gaming machines continued to represent Snaitech’s biggest segment, although wagers were down 4 per cent to €7.15bn in 2017. This [...]

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