By Matteo Castia
Immotion Group PLC said Tuesday that revenue has started to recover since the easing of coronavirus restrictions in the U.K. and U.S, and that from June 1 all restrictions will be lifted in its core market in Las Vegas.
The entertainment group said revenue at location-based entertainment sites rose 35% in April over March to 402,000 pounds ($571,363).
Progress has continued in May, following the reopening of the group's sites in the U.K., with the first two weeks of the month being very encouraging, the company said.
"We remain confident that, as long as there are no material reversals with regard to the pandemic, the group should be well set for a strong and profitable summer season in its key U.S. and U.K. markets," Immotion said.
Write to Matteo Castia at matteo.castia@dowjones.com
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Immotion Expects Continued Revenue Growth After Progress in April, May - MarketWatch
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