Mr Green Announce Revenue Growth In 2015

Mr Green and Co AB have announced a 20% increase in revenues throughout 2015, possibly due to growth in non-Nordic markets as well as a rise in mobile, which enabled the operator to post total game wins of SEK792.6m (£65.5m).

Gaming Taxes

That said, because of costly gaming taxes, the online casino’s EBITDA for 2015 remain flat and increasing just 1.4% to SEK136.8m (£11.3m), which subsequently lead the operator to recommend no dividends be paid.Mr Green’s Q4 figures reflected it’s full-year, with revenues up 15% every year to SEK 201.1m (£16.6m), generating EBITDA on a like-for-like basis of SEK29m (£2.4m).

Nordics Are Biggest Market

These results also show that Nordics were by far Mr Green’s largest market, with revenues from Nordic countries raising 5% to SEK364.7m (£30m) whislt in the rest of Europe totalled an increase of 32% to SEK407.4m (£34m).“Growth was particularly strong outside the Nordic region and Other Europe now constitutes our largest market,” Per Norman, Mr Green AB chief executive, said.“The online gaming market in Europe is estimated to have grown by 9% during 2015. Our long-term goal is to continue to grow at a rate faster than the market.”Meanwhile, nearly 29% of full-year revenues came from mobile devices, an increase from 21% in 2014.Mr Green Announce Revenue Growth In 2015Per Norman also revealed the impending launch of Mr Green’s very own sportsbook which is expected “at some point” in 2016.Mr Green Announce Revenue Growth In 2015

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