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Net Entertainment well positioned for 2011 growth

10th February 2011 9:23 am GMT

Sweden’s Net Entertainment said Thursday that it has begun development of a gaming solution for mobile devices as part of the next step in the company’s expansion strategy, as it posted a 23 per cent increase in revenues to SEK368.3m (€41.9m) for the year ended December 31st 2010.

Net Entertainment said that full year revenues were negatively impacted by the licensing system introduced in France and the delayed launch of online casino games in Italy. The company [...]

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