Galaxy Gaming Sees Revenues Fall 87.eight%

Gaming company Gaming Galaxy has declared that their gaming revenues fell 87.eight% through the next quarter, slipping to just $664,000 through the quarter and warning buyers of probable tough waters forward.

The corporation reported that nearly all land on line casino profits was wiped out, and that any income trickling in arrived via the iGaming sector. The large bulk of the income coming in arrived from Europe, Africa, and the Center East.

Galaxy CEO Todd Cravens spoke about the condition, noting: “The next quarter of 2020 was agonizing for every person in the worldwide on line casino field. We acquired nearly no profits from our land-primarily based clientele, pretty much all of whom ended up shut for the overall quarter. We utilized the time to build new game titles and systems that we hope to introduce afterwards this yr.”

We will be certain to hold an eye on Galaxy’s functions and permit audience know as their economic outlook variations.

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