Mr Green Revenue Continues to Grow in Q3Published November 13, 2013 by OCR Editor
Mr Green shows huge improvement in revenues compared to last year.
Mr Green & Co AB, operators of the popular Mr Green Casino, have announced a continued growth in the firm's revenue in Q3 2013. The third quarter of 2013 marked the revenue of SEK (Swedish krona) 124.1 million ($19.2 million / €14.1 million), while in comparison, Q3 2012 marked SEK81.1 million in revenues.
Game win for the first nine months of 2013 went up by 60.1% amounting to SEK 347.6 This stands opposed to a total of SEK217.8 the firm has amounted at this time last year. Mr Green's EBITDA (Earnings before interest, taxes, depreciation and amortization) also skyrocketed this year, standing at SEK83.5 million, opposed to only SEK20.8 million in the first nine months of last year.
Commenting on this great improvement in the company's revenues, Mr Green CEO Mikael Pawlo said: "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". Speaking on plans for the future he added: "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."
With over 200 games including live dealer games, a rich mobile option and plenty of promotions, it is not in vain that Mr Green's revenues soar. It only remains to be seen which other highs this brand will reach.