Global Gaming saw income of SEK 57.8m ($5.8m) for the primary quarter of 2020, a drop of 64% year-on-year.

Of this all out income, SEK 50.7m originated from the administrators own gaming activities, down 66%, while SEK 7.1m originated from its own brands on different stages, a decline of 34%.

The quarter saw a working loss of SEK 400,000, down 99% from a similar time of 2019.

The administrator saw SEK 33.2m of working costs during the quarter, a drop of 73%, and promoting spending was cut by 89% to SEK 9.1m.

Personnel costs likewise fell 34% as Global Gaming decreased its number of representatives from 137 to 86.

The administrator keeps on battling following the repudiation of its Swedish permit by the Swedish Gambling Authority a year ago.

Tobias Fagerlund, CEO of Global Gaming, stated: «Global Gaming shows quality and conveys a first quarter in accordance with our desires.

«Even however we have help from a solid euro, we are now presently near arriving at our first objective for the year; to earn back the original investment during the initial a half year.

«Global Gaming keeps on demonstrating that it is not kidding in rising and returning from a years ago negative development.»