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Inspired Q1 revenue falls 56% despite Interactive gains

11th May 2021 9:10 am GMT

New York-listed gaming supplier Inspired Entertainment has posted a 56 per cent drop in revenue to $22.8m in the first quarter of 2021, as Covid-19 restrictions continued to negatively impact its land-based businesses.

With the company’s global land-based businesses almost entirely closed for the quarter due to the ongoing pandemic, Gaming revenue fell by 57 per cent year-on-year to $10.8m.

This included a $3.1m payment from a UK LBO customer relating to the contractual revenue share of [...]

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