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Gaming Innovation Group shares slide on Q1 revenue decline

5th May 2020 10:01 am GMT
Gaming Innovation Group
SBTech

Oslo-listed Gaming Innovation Group (GiG) has reported a 4 per cent decline in revenue to €31.1m for the first quarter of 2020, as the company transitions towards becoming a fully focused B2B provider.

Revenue increased by 6 per cent compared to the previous quarter following four consecutive quarters of decline, with the company’s B2C segment contributing €20.0m during the quarter, prior to the sale of the business to Betsson in April for €33m.

Revenue from B2B fell [...]

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