Global Gaming 555: Searching for solid ground

Research Note

2019-04-05

15:39

As mentioned in our previous note, we have calculated the sales for Global Gaming´s Ninja Casino brand on the Swedish market, for January and February. The sales numbers are based on public gaming taxation figures. These indicate a drop in line with expectations in January. However, we expected to that the sales in January would be a new level to grow from. But instead, the negative trend continued in February. Due to this we have amended our estimates and lowered our Base case to SEK 22 (25).

JA

KL

Jonas Amnesten

Kristoffer Lindström

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