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Mr Green experience Record Revenue in Q2

2017-08-11 07:15:54

Founded in 2007 Mr Green has rapidly become a major player in the online gaming industry. The Swedish company is currently both the eGaming Review (EGR) and International Gaming Awards (IGA) ‘Online Gaming Operator of the Year’ for 2017. The self-proclaimed ‘Gentleman’s Bookmaker’ offers players a huge selection of slots, table games, poker and live casino. The Swedish company, which is licensed and regulated in Malta, has recorded ongoing financial growth for the second quarter of 2017 with an impressive €7.97m jump in revenue on the same period last year.

Record Revenue

Online gambling company Mr Green has recorded record revenues for the second quarter of 2017. Mr Green saw its revenues hit a record high of SEK 287.8m (€29.9m/$34.8m) for the period from April to June, a 36.3% increase on the 2016 figure of SEK211.2m. The Stockholm based company saw earnings before interest, tax, depreciation and amortization (EBITDA) rocket 337% to SEK52.4m with a huge increased margin of 18.2%, compared to 5.7% over the same period in 2016. Mr Green’s total revenue for the first six months of the year are also up an impressive 31.2%. Current revenue at the company for 2017 stands at SEK563.9m for the period from January 1st to June 30th, up SEK134.2m on the same period in 2016.