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Posted On: 05/17/2019 9:41:24 AM
Post# of 338555
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Posted By: zigzagman
$NWGI had $5.2 million in unrestricted cash and cash equivalents as of March 31, 2019 compared to $6.3 million at December 31, 2018 as the Company used discretionary available cash to increase tradeshow presence and brand communications. With the resulting successful handle growth from the 2018 discretionary spend, the Company expects to continue to prudently invest available discretionary cash to expand its footprint through countries and regions which it currently has operations through Multigioco, Rifa, Ulisse and Virtual Generation will continue brand visibility and building its U.S. team.

https://finance.yahoo.com/news/newgioco-repor...00760.html

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