Stockholm-listed iGaming affiliate Net Gaming Europe has reported a 24 per cent decline in revenue to €3.5m for the second quarter of 2019 as revenue fell across all product verticals.
The company said that it was negatively impacted by local regulations across Europe and its accelerated transition from cost per acquisition (CPA) to revenue share model.
Results were also impacted by increased competition in the US, resulting in a 32 per cent decrease in North America revenue in Q2. North America [...]