BMM announces record H1 2019 financial results
BMM Testlabs announced Monday record first-half financial results for 2019. "Momentum from successive record financial years between 2016 and 2018 has continued into the first half 2019, President and CEO Martin Storm said. "Importantly, year-on-year actual growth is balanced across revenue, gross margin and EBITDA, reflecting significant investments in people, processes and systems across the business, worldwide."
Storm also explained that new growth is being driven by large gaming manufacturers, iGaming B2B, and B2C clients and new levels of operational scale achieved from all of the Group's labs around the world. "Importantly, quality, velocity, and service continues to exceed industry competition and BMM continues to win new business, competitively," he added.
BMM now operates in 460 gaming jurisdictions and counts more than 500 customers.
Finally, Storm praised Illinois legislature's changes to gaming lab rules allowing for lab competition in Illinois and "gaming manufacturer's choice of the best lab for their product lines."
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