Financial News

Stockholm-listed operator Global Gaming has reported a 76 per cent decline in revenue to SEK60.3m for the third quarter of 2019.

Following a difficult start to the year, Global Gaming said that it had successfully implemented a set of corrective measures and had started to turn the negative start of the year around.

“We managed to handle challenging and delicate tasks and we were confidently looking at summer and positive financial results to come,” said chief executive Tobias Fagerlund. “When the Swedish Gambling Authority revoked our Swedish licences in mid-June, the word challenge took on a whole new meaning for us."

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