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Tough Q3 for Net Gaming Europe as revenue and profit falls

15th November 2019 6:27 am GMT

Stockholm-listed iGaming affiliate Net Gaming Europe has reported a 29.5 per cent decline in revenue to €3.5m for the third quarter of 2019.

The company said that while results were in line with expectations, revenue was negatively affected by the wave of local regulation in Europe and a 14 per cent drop in new depositing customers (NDCs).

“We are feeling the continuing regulation effects in Europe,” said Net Gaming president and CEO Marcus Teilman. “NDC development has [...]

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