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Scout Gaming widens first quarter loss

31st May 2019 7:26 am GMT
Scout Gaming Group

Stockholm-listed fantasy sports provider Scout Gaming Group has posted a net loss of SEK16.1m for the first quarter of 2019 following a significant increase in operating expenses.

Revenue increased by 133 per cent year-on-year to SEK3.5m in Q1, driven by increased activity among existing customers and the launch of new clients.

At the end of Q1, Scout Gaming had launched fantasy sports products for 15 operators in total, up from 10 a year ago, with recent launches [...]

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