Despite benefiting from the recent launch of its virtual sports betting offering, Italian gaming operator SNAI has reported a marginal 0.8 per cent decline in revenue to €142.3m for the first quarter of 2014.
SNAI said that its results were better than expected, with revenue down year-on-year due to declines in sports betting, horse race betting and AWPs, which offset growth from VLTs and the introduction of betting on virtual events.
Sports betting wagers were down 9 [...]