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NetEnt’s Q3 revenue declines despite first contribution from Red Tiger

24th October 2019 8:45 am GMT
Net Ent

Stockholm-listed casino games provider NetEnt has reported a 1 per cent drop in revenue to SEK443.4m for the third quarter of 2019, despite seeing the first contributions from newly acquired Red Tiger.

Red Tiger was consolidated from the beginning of September following its acquisition by NetEnt and contributed revenue of SEK30m in that period.

After adjusting for the acquisition and currency exchange impacts, NetEnt’s revenue decreased by 10 per cent compared to [...]

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