Gig Provides Operational Update

GIG PROVIDES OPERATIONAL UPDATE

15th February, 2017 at 19:27:22
Source: http://www.azonlinecasinos.com

Plots sports betting launch in UK market to complement online casino offer.

In an operational update, Gaming Innovation Group (GIG) reported continued growth in its B2B segment which delivered all time high revenues in January 2017, offset by a small decline in its B2C segment compared to the previous month.

January 2017's gross gaming revenue (GGR) for GIG's six gaming sites, decreased 2.6% to Euro 22.7 million compared to December 2016, the company said. Margins obtained were 3.63% for casino and 8.3% for sports betting.

A 3.9% decrease in total active real money players for the three-month period November 2016

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