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Gaming Innovation Group slips to loss as Q1 revenue falls 13%

7th May 2019 8:20 am GMT

Oslo-listed Gaming Innovation Group (GiG) has reported a 13 per cent decline in revenue to €32.4m for the first quarter of 2019, which it attributed to new regulations in Sweden.

The company said that the re-regulation of the Swedish market impacted both B2C and B2B revenue during the quarter, with results also impacted by the loss of a major B2B customer.

Revenue from the B2C segment fell by 20 per cent year-on-year to €20.2m, with the Rizk [...]

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