This week Gaming Innovation Group announced their second quarter financial results, noting a positive financial performance for their casino Guts.
Key financial indicators for the second quarter of 2015 were:
Net income of Euro 800 000 (Q2/2014: Euro -100 000).
Profit before tax amounted to Euro 900 000 (Q2/2014: Euro -200 000).
Operating profit was Euro 0.0 (Q2/2014: Euro -200 000).
Operating revenues of Euro 4.8 million (Q2/2014: Euro 2.6 million), up 88 percent.
EBITDA Euro 72 500 (Q2/2014: Euro199 000).
Commenting on his company's performance Gaming Innovation Group CEO Robin Reed said, "The second quarter has been eventful and GIG has made considerable progress in all business areas. I am very pleased that we can present a positive result in a period characterized by major changes and strong growth."