Sterling slump boosts Smurfit gaming firm

Brexit has helped reduce cost base

Barry J Whyte

Chief Feature Writer @whytebarry
17th July, 2016
Dermot Smurfit Jnr

Brexit has provided a boost for Las Vegas-based Irish online gaming company GAN, which is run by Dermot Smurfit Jnr.

Smurfit told The Sunday Business Post that the slump in sterling after the referendum had helped to reduce his cost base.

“Brexit is good for [GAN] because my sterling costs of employing the bulk of our labour force in the UK have gone down by 12 per cent and the majority of our revenues today...

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