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NEWS 26 October 2018

Mr Green Group improves revenue for Q3

By Matthew Enderby

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

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.

 

 

RELATED TAGS: Online | Sports Betting | Financial | Casino
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