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Local taxes and marketing costs hit Mr Green earnings in Q3

31st October 2016 7:37 am GMT

Stockholm-listed gaming operator Mr Green has posted a 14 per cent increase in third quarter revenue, although taxes in regulated markets and heavy marketing investment slashed its EBITDA for the period.

Revenue for the three months ended September 30th grew to SEK229.9m (€23.3m), with the operator reporting growth across all major territories.

Its core Nordic market saw revenue climb 6.9 per cent year-on-year to SEK86.6m, with Western Europe contributing a further SEK76.9m, up 37.2 per cent from Q3 2015. [...]

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