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Italy’s Gamenet struggles for growth in first half despite online improvement

2nd August 2018 8:50 am GMT

Milan-listed operator Gamenet Group has reported a 2 per cent decline in revenue to €297.3m for the first half of 2018, despite strong growth from its online betting and gaming division.

Revenue fell across Gamenet’s core gaming machines business and retail gaming operations, although overall EBITDA climbed 20 per cent to €43.6m for the period.

H1 2018 Revenue Comparison (€)

Gaming machines represented the bulk of Gamenet’s revenue in H1, despite both its Amusement With Prizes (AWP) and [...]

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