Tag: European growth
European growth boosts Net Entertainment
April 24, 2014
iGaming Business – Online casino games provider Net Entertainment has cited its success in the European market as one of the main drivers behind year-on-year growth in revenue and operating profit during the three months to March 31, 2014. The company posted revenue of SEK188.4 million (€20.7 million/$28.7 million) in the first quarter of 2014, an increase of 26.7% on the SEK148.8 million achieved in the corresponding period last year. Net Entertainment also reported a jump in operating profit, which grew from SEK41 million in Q1 of 2013 to SEK51.2 million in the latest quarter. Elsewhere, operating profit dropped slightly…