Revenue stable at ATG in Q2 despite inflation challenges ...Middle East

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Revenue stable at ATG in Q2 despite inflation challenges
Sweden’s Aktiebolaget Trav och Galopp (ATG) said revenue for the second quarter of 2022 was stable at SEK1.53bn (£109.8m/€128.7m/$140.2m) despite having to contend with rising inflation. Revenue from ATG’s core horse racing betting business fell 4.2% year-on-year to SEK1.01bn. However, the operator reported growth across both its sports betting and casino divisions. This led to net gaming revenue edging up 1.1% to SEK1.34bn. Declines in agency operations and other activities meant total revenue remained flat compared to H1 2022. ATG CEO: Cost control crucial for H2 growth ATG reduced costs during the second quarter to counteract the impact of inflation. This, chief executive Hasse Lord Sk

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