Mr Green Group improves revenue for Q3

Mr Green Group posted an increase of 44% in year-on-year revenue from January to September 2018, rising to SEK 1,239m ($135m).

Updated on 26 October 2018
Matthew Enderby
Journalist
Mr Green Group improves revenue for Q3

Revenue in the third quarter of this year amounted to SEK 445.2m, a growth of 51%.

Operating profit (EBITDA) for the first half of 2018 was SEK 166.8m, a year-on-year growth of 22% and Q3 experienced an increase of 49%, rising to SEK 75.5m.

Significant Q3 events for the operator include receiving a Danish sportsbook license, gaining licences allowing it into the Swedish market in 2019 and receiving ISO certification.

Redbet, a gaming site part of Evoke Gaming, acquired by Mr Green earlier this year, received a license to work in Ireland’s sports betting market.

 

 

Topics
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Matthew Enderby
Journalist

Matthew Enderby is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to December 2019. During his tenure, he reported on breaking industry news, regulatory developments and market trends affecting the global gambling and iGaming sector, contributing authoritative coverage for both the Gambling Insider website and associated print titles.

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