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NetEnt delivers strong Q1 growth as revenue hits SEK518m

22nd April 2020 10:31 am GMT
NetEnt

Stockholm-listed casino supplier NetEnt has reported a 24 per cent increase in revenue to SEK518m (approx. €45.4m) in the first quarter of 2020, with the acquired Red Tiger games development business continuing to perform above expectations.

On a proforma basis (including Red Tiger in the prior year period), revenue increased by 12 per cent year-on-year, with growth in the US and the UK offsetting declines in Sweden and Norway.

Locally regulated markets accounted for exactly half of [...]

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