Growth Continues At Online Casino Operator

Mr Green performs above market levels

Listed online casino operator Mr Green AB has released an interim report for the first quarter 2015, advising that it has achieved robust growth in an above market level performance.
In the first quarter of 2015, game win increased by 26.6 percent to SEK 195.2 million (154.2), compared with the year-earlier period.
However, EBITDA for the first quarter was SEK 24.4 million (37.0), down 34 percent.
The company's agm adopted the Board proposal regarding a share split and automatic redemption procedure. The redemption amount is SEK 1,30 per share, which is equivalent to a total dividend of SEK 46 604 237.
"The first quarter represented a period of investment and the effect of the investments we have made in marketing, products and establishment in new markets is expected to yield results in forthcoming quarters", said Per Norman, CEO.

Online Casino News Courtesy of Infopowa