Redeye: Global Gaming 555 - Adapting to a new reality
The third quarter was the first quarter for Global Gaming without any revenue from Sweden for the Ninja Casino brand, due to the revoked license. The third quarter also marked the beginning of the company’s next chapter. Although it has the cushion of over SEK 160m in cash, adapting to a new reality where Finland and Estonia are Ninja’s main source of revenues will take time and is likely to bring major losses in the short-term.
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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/