Global Gaming: Q3 preview, expecting major revenue drop
Research Note
2019-11-20
13:31
Global Gaming will release its quarterly report tomorrow. The third quarter is the first quarter completely without Swedish revenues for the Ninja Casino brand. As a result, we expect a major drop in the group´s revenues, with a Y/Y decline of -77% and Q/Q decline of -56%. We expect that the group´s actions to lower the expenses should ease the pressure on the bottom-line. However, we still expect a loss. Beyond the third quarter, we expect to see some positive effects from the partnership with Finnplay.
JA
KL
Jonas Amnesten
Kristoffer Lindström
Disclosures and disclaimers