Login/Register
Octoplay
Octoplay

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 [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login