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Record year for Finland’s RAY as online gaming takes off

17th February 2012 9:11 am GMT

In a record year for the state-controlled gaming operator, Finland's Rahaautomaattiyhdistys (RAY) has reported a 10 per cent increase in revenues to €739.1m for 2011, with the company’s Playtech-powered online gaming service exceeding expectations during its first full year of operation.

During the year, RAY renewed its stock of slot machines, improved the technical performance of its games and benefited from its own newly designed and developed games.

RAY said that it benefited [...]

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