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Yggdrasil Gaming Q3-2015 Results
Wednesday November 11,2015 : YGGDRASIL CONFIRM STRONG Q3 RESULTS
Making giant strides in 2015, says CEO.
Yggdrasil Gaming delivered impressive results in a third quarter update this week saying September was the first month with a positive EBIT.
During the third quarter, revenues increased 339 percent year-on-year to SEK 5.3 million while bet turnover increased by 449 percent to SEK 1,003.5 million. Mobile gaming accounted for 33 percent of total gross game win.
“Yggdrasil has moved to another level in Q3,” said chief executive officer Fredrik Elmqvist.
“I’m thrilled that we were in the black with our EBIT in September for the very first time and EBITDA is positive on the full year so far.
“This demonstrates that the business is flourishing and it’s a very exciting time for everyone involved.
“We have an aggressive growth strategy and the investment we have made in our products and services has really come to fruition.”
The company is experiencing a strong growth phase now employing 38 employees between its Malta and Krakow offices, a 50 percent jump since Q2/2015.
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The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
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The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
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The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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