This story was published more than 2 years ago.
Online betting firm Gaming Innovation Group has posted their fourth quarter 2019 financials, noting that revenues were down across multiple sectors.
The results come a week after GiG sold off their online casino assets to Betsson, and reveal:
Commenting on the results GiG CEO Richard Brown said, "The dynamics in the online gambling industry, both competitive and regulatory, have changed dramatically in the last two years and we as a company are forcefully adapting to that.
"We are coming out of a strategic review initiated in November last year, I am certain the actions taken will place the company in a truly exciting position for growth while securing the sustainability of the company's financial position by significantly reducing its debt and leverage."