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NetEnt reports lower first quarter revenue

25th April 2019 8:39 am GMT
Net Ent

Stockholm-listed casino games developer NetEnt has reported a 3 per cent decline in revenue to SEK418m (approx. €38.5m) for the first quarter of 2019, with results impacted by lower volumes in Sweden following the introduction of new regulations at the start of the year.

The supplier said that Nordic countries accounted for almost the entire decline in Q1 revenue, with new gaming taxes in Sweden lowering revenue by around 2 per cent during the period.

“The new [...]

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