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Net Gaming shares slump as first quarter revenue declines

23rd May 2019 7:58 am GMT

Stockholm-listed Net Gaming Europe has reported a 6 per cent decline in revenue to €4.1m for the first quarter of 2019, with results impacted by new regulations in Europe and the phasing out of its paid media business as a revenue stream.

Excluding paid media, revenue remained at a constant level to the same period last year, despite strong growth of 42 per cent in North America, which now generates more than a quarter (26 per [...]

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