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Yggdrasil expansion continues as revenue and earnings grow in Q3

11th November 2015 6:49 am GMT

Yggdrasil Gaming, the online and mobile casino games provider owned by Cherry, said that its aggressive growth strategy and investment in its products and services had come to fruition during the third quarter, helping the company generate an operating profit for the first time in September.

The game developer saw revenue soar 339 per cent to SEK5.3m in Q3, as first revealed in parent Cherry’s results yesterday, with bet turnover up 449 per cent to SEK1.0bn.

Mobile accounted [...]

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