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NetEnt posts first quarter revenue and profit growth

25th April 2018 6:55 am GMT

Stockholm-listed casino supplier NetEnt has reported a 9 per cent increase in revenue to SEK430m (approx. €41.3m) for the first quarter of 2018, with profit for the period climbing 27 per cent year-on-year.

The company said that the number of game transactions during the period was up 16 per cent year-on-year to 11.3bn, although the phasing out of deliveries to unlicensed operators in Australia, Poland and the Czech Republic meant that royalty revenue fell by two [...]

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