Online success partially offsets pandemic hit for Galaxy Gaming in Q1
| By Nosa Omoigui
Gaming equipment supplier Galaxy Gaming has posted revenue figures of $4.3m (€3.5m/£3.0m) for the first quarter of 2021, which represents a 4.7% decrease on the same period last year.
Of this $4.3m, $2.5m was generated in North America and the Caribbean, while the remaining $1.8m came from Europe, Africa and the Middle East.
The company cited the impact of the Covid-19 pandemic as a major contributing factor to the drop in revenue and income; land-based casinos were closed for much of the quarter, and they were subject to heavy restrictions when they were able to open up again.