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Guts Casino Owner Posts Financial Results

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."

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1 reply • Last post


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nelsnik's picture
Location: Netherlands
Joined: 16 Aug 2015
Posts: 259
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20 August 2015 - 8:44pm

This is the first time ever i saw financial Results from online casino! i was excited too see this, and mention they earn quite some big money on it, but also lose lots of money on tax! but it's cool we don't have to pay tax on it hehe;) well positive and great result for guts!