online casinos in california Mixed results in Q4 for GiG.Looking at the final quarter

online casinos in california Mixed results in Q4 for GiG.Looking at the final quarter

online casinos in california Mixed results in Q4 for GiG.Looking at the final quarter of the year, consolidated group revenue was 36.3% higher at €35.6m. Excluding Platform & Sportsbook, consolidated revenue was still up by 48.9% to €26.5m..For GiG Media, where, again, all consolidated revenue came from, first-time depositors hit an all-time quarterly high of 137,600. Paid media represented 27% of all GiG Media revenue in Q4, revenue share agreements 60%, cost per acquisition 8% and listing fees and other services 33%..gig recorded a net loss for q4 of €4.6m, way behind the €108,000 profit generated in 2022.As for Platform & Sportsbook, revenue was 11.0% higher at €9.1m for the quarter. GiG says 82% of operator gross gaming revenue came from locally regulated or soon to be regulated markets. Of all revenue, 61% came from Europe, 13% North America, 20% Latin America and 6% rest of the world.

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