Finance

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.
Galaxy Gaming records revenue decrease for Q1

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.

Read the full story on iGB North America.

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