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

About the Author... Total Posts Written: 9,460


The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

See More Posts