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Gaming machine decline hits Snaitech revenue in first quarter

16th May 2018 7:07 am GMT

Italian betting and gaming operator Snaitech has reported a 2 per cent drop in revenue to €223.5m for the first quarter of 2018, with growth in its retail betting and online divisions unable to offset a decline in its core gaming machines business.

Total wagers decreased marginally by 0.5 per cent year-on-year to €2.67bn, with gaming machines representing two-thirds of the total with €1.79bn, though this was down 2 per cent versus the previous year.

This pushed [...]

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