Disappointing Year For R.a.y.

Finnish gambling operator sees drop in revenues and zero growth in 2014

It's been a tough 2014 for Finnish gambling operator RAY, which this week reported a 1.9 percent year-on-year drop in revenues to Euro 776 million due to "challenging" local market conditions.

The decline impacted all of the company's products, with the key retail activity particularly hard-hit, revenues falling 2.1 percent to Euro 581 million.

The digital vertical delivered zero growth and will be the subject of a review regarding marketing strategy.

Managing director Velipekka Nummikoski commented:

"In 2015, RAY will continue to systematically implement its strategy in an efficient and responsible manner."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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