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Spilnu Profits Up 79 Percent
Thursday July 30,2015 : SPILNU.DK PROFITS UP 79 PERCENT
Danish operator enjoys significant player boost.
The Danish online casino operator Spilnu.dk has announced an operating profit of GBP 5.6 million after publishing its financial results for 2014.
The 79 percent rise in profit is attributed to the introduction of a new fully-responsive website towards the end of the year, which has improved the user experience and boosted game sessions by 58 percent.
The company reports that 25 percent of its game sessions now come from the mobile channel.
Gross gaming revenues rose by 54 percent after the addition of four new slot games, Golden Pyramid, Sideshow, Sunny Farm, and Bank Walt, from principle supplier Magnet Gaming.
The results follow the release of data from Spillemyndigheden, Denmark’s national gambling regulatory body, in March showing substantial growth in the online casino market over the last two years
Gross gaming revenue generated within the Danish online market in 2014 amounted to just under DDK7.8 billion (Euro 905.2 million/$960.6 million), up DDK7.5 billion at the end of 2012.
Spilnu.dk is the sister company of online slots provider Magnet Gaming, with both companies 60 percent owned by former state-run monopoly Danske Spil.
Magnet is current working on a further six slot titles which will be made available over the next 12 months.The company soft launches its games in Denmark to verify performance metrics and optimise the player experience before releasing them in the international market.
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Quickfire live on Strendus -
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Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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