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Inspired Entertainment posts Q2 revenue decline as FOBT stake cut kicks in

13th August 2019 8:12 am GMT

New York-listed gaming supplier Inspired Entertainment has reported a 28 per cent decline in revenue to $26.7m for the second quarter of 2019.

The company said that revenue was negatively impacted by $5.5m following the reduction in maximum stakes on fixed odds betting terminals (FOBTs) in the UK, with the new measures impacting adjusted EBITDA by $4.0m.

“The impact of the Triennial Implementation (which began on April 1, 2019) was in line [...]

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