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Yggdrasil Gaming H1-2016
YGGDRASIL ISSUES IMPRESSIVE H1 2016 UPDATE
Results heartening after significant investment in infrastructure.
In an update on its H1 2016 for the period ending June 30, 2016 , Yggdrasil Gaming has reported an impressive 661 percent y-o-y increase in revenue along with other sterling results.
Key performance indicators include:
- 661 Percent increase in revenue to SEK 34.1 million (H1/2015: SEK 4.5 million).
- Operating profit increased by SEK 12.2 million (H1/2015: SEK -4.7 million.)
- Operating margin was 36 percent.
- Number of player transactions (rounds) increased by 1,062 percent y-o-y to 753.1 million.
- Mobile gaming grew to 48 percent of total gross game win.
Eight new license agreements were signed during the period, including major operators bet365 and bwin.party, two new customers launched and six new games were released.
“The entire team can be very proud with how things have progressed in the first half of 2016 for Yggdrasil,” Fredrik Elmqvist, chief executive officer of Yggdrasil Gaming said. “Our strategy is firmly on track and we are consistently smashing our target numbers out of the park.
After significant investment in Yggdrasil’s infrastructure and a focus on organic growth, the company said it will now turn its attention to new business.
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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