Tag: record turnover
Net Entertainment reports record turnover in 2013
February 14, 2014
iGaming Business – Online casino games provider Net Entertainment has cited the effect of earlier investments as the reason behind year-on-year revenue increase to record levels in the 12 months through to December 31, 2013. The firm posted record full-year revenue of SEK630.7 million (€71.6 million/$97.9 million), a 19.8% increase on the SEK536.7 million achieved in the previous year. Operating profit for the year grew from SEK153.1 million in 2012 to SEK179.7 million in 2013, while profit after tax amounted to SEK167.1 million, up from SEK136.1 million in the previous year. Net Entertainment signed a total of 27 licence agreements…