Mr Green Casino Revenue Up 64% To $34.3m In H1

Online casino operator Mr Green has posted its financial results for the first half of 2013, revealing a  record 77% growth in revenue to $34.3 million compared to $20.9m for H1 2012. Furthermore, during the company’s second quarter operating profits soared from $550,000 to a whopping $4.2 million, with the group pointing to a number of reasons for its impressive results, including the introduction of new products for mobile devices, as well as the increasing popularity of its online casino business.
As CEO of Mr Green, Mikael Pawlo, explained following the announcement of the company’s impressive numbers: “The underlying reason for the continued high growth is Mr Green’s ability to provide players with a stimulating gaming experience in combination with the positive reception to the launch of the casino on new platforms including table computers and smart phones.”
During the reporting period, the company revealed it had signed a deal and introduced a range of games in conjunction with US gaming supplier Bally Games, in addition to launching a new Live Casino product. Currently, Mr Green boasts around 64,000 active online customers, a number CEO Mikael Pawlo believes will appreciate greatly as new members are attracted to the site.
“Through a carefully planned investment in smart phones and tablet computers with a firm focus on the gaming experience, the online casino Mr Green has good potential to continue to outgrow the market,” added Mikael Pawlo.
Mr Green’s H1 results represent the company’s first interim report since it listed on the Swedish stock exchange in June this year. Following announcement of its H1 2013 results, shares in the company rose to a new high and share prices are now up by almost 13% overall.