US racetrack and casino operator Churchill Downs Incorporated (CDI) has reported a 3 per cent drop in revenue to $279.5m for the first quarter of 2017, following a decline from its Big Fish Games division.
It is the first year-on-year decline for Big Fish since its acquisition by CDI in late 2014, with revenue down 8 per cent to $112.0m in Q1.
Total bookings fell by 13.5 per cent to $110.9m, with Social Casino continuing its recent downward [...]