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ATG reports drop in Q1 revenue despite iGaming growth

27th April 2023 9:09 am GMT

Swedish betting and gaming operator AB Trav och Galopp (ATG) struggled in the first quarter of 2023 as net gaming revenue (NGR) fell by 6 per cent to SEK1.19 billion.

The year-on-year decline was mostly due to a 12 per cent fall in NGR from its core horse race betting segment to SEK854 million, which was partially offset by a 10 per cent increase in sports betting NGR to SEK194 million and a 20 per cent [...]

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