iGaming Business – Scandinavian online casino operator Mr Green has announced a 64% year-on-year rise in revenue over the first six months of the year to SEK223.5 million (€25.6 million/$34.3 million) from SEK136 million.
Mr Green said in its first interim report since listing that earnings before interest, tax, depreciation and amortisation had improved to SEK52 million following a loss of SEK800,000 over the corresponding period last year.
Game win in the second quarter of the year increased by 77% to SEK114.6 million, while operating profit over the three-month period rocketed from SEK3.6 million to SEK27.4 million.
“The online casino Mr Green continued to grow robustly in the second quarter – both in terms of sales and profit,” Mr Green chief executive Mikael Pawlo said.
“The underlying reason for the continued high growth is Mr Green’s ability to provide players with a stimulating gaming experience in combination with the positive reception to the launch of the casino on new platforms including tablet computers and smartphones.
“In addition, Mr Green possesses a very interesting development portfolio. During the quarter, we continued to invest in several new casino solutions that we believe will be highly appreciated by today’s casino visitors and which will also attract new visitors.
“Through a carefully planned investment in smartphones and tablet computers with a firm focus on the gaming experience, the online casino Mr Green has good potential to continue to outgrow the market.”
