Inspired Entertainment reports 4% UK like-for-like revenue growth in Q3
Inspired Entertainment reported a 4% year-on-year rise in like-for-like UK revenue for the three months ended 30 September, despite the increase in Remote Gaming Duty from 21% to 40% in April. Total quarterly revenue fell 29% to $61.4 million, which the company attributed mainly to the sale of its UK Holiday Parks division and restructuring of its UK Pubs business.
UK like-for-like revenue rose despite higher Remote Gaming Duty, while total revenue fell mainly because of the division sale and restructuring.