Mr Green Casino Reports Impressive Rise In Q3 Revenue
November 15, 2013 12:56 pmSwedish online casino operator Mr Green has reported an impressive rise in its third quarter revenues to SEK 124.1 million ($19.2m), from SEK 81.1 million ($12.4m) for the same quarter in 2012. Overall, for the first 9 months of 2013 the company’s revenue has now reached SEK 347.6 million, compared to SEK 217.8 million for the same period in 2012.
Following announcement of the positive Q3 results, Mr Green CEO Mikael Pawlo, said: “Mr Green’s growth considerably outperformed the market during the third quarter. As yet, Mr Green does not issue any information on the performance of the business vis-a-vis individual markets, but I can divulge that Sweden accounts for considerably less than 50 percent of sales.”
Important numbers posted by Mr Green include game win soaring by 60.1% for the first nine months of 2013, with EBITDA reporting a massive 300% leap year on year. Other impressive numbers include game win in the third quarter of 2013 up by 53% year on year, with active players reaching a new company high of 65,853.
At the heart of Mr Green’s success is its focus on providing a variety of mobile casino games on its platform, and in Q3 Mr Green not only expanded its mobile client for smartphones, but also agreed a deal to expand its mobile devices game offerings with NYX OGS.
“The growth is a result of Mr Green’s ability to create a secure and exciting game experience for players combined with a focus on new mobile platforms, such as tablet devices and smartphones,” explained Green CEO Mikael Pawlo. “Mr Green is continuing to invest in marketing activities and new product development to ensure that the company is positioned to respond to the technology shifts occurring in the market, such as the move toward mobile gaming.”
In addition, Mr Green continues to represent quality in the industry and in the ME Awards (Mobile Entertainment) taking place in London on November 14th, the company has already been chosen as one of the finalists in the Best Gambling Company category, alongside big names such as Ladbrokes, Paddy Power, William Hill and Betfair.