No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
NET ENTERTAINMENT POSTS Q4-2013 AND FULL YEAR REPORT
Thursday February 13,2014 : NET ENTERTAINMENT POSTS Q4-2013 AND FULL YEAR REPORT
Revenues reach record levels and investments continue to bear fruit.
Swedish online gambling software provider Net Entertainment has posted its Q4-2013 and FY 2013 report, claiming that investments are now bearing fruit, and that revenues reached record levels.
The company reports the following highlights:
* Strongest fourth quarter yet as y-o-y revenues increased 24.5 percent to SEK 180.1 (144.7) million
* Operating margin at 31 percent (25.7).
* New record for number of game transactions, which increased by 31 percent in the fourth quarter, and by 32 percent for the year to 16.2 billion.
* Operating profit of SEK 55.6 (37.2) million
* Profit after tax at SEK 56.1 (34.0) million
* Ten licence agreements with new customers were signed, six new customers’ casinos were launched
Important events in the fourth quarter included:
* Licence agreement was signed with bet365 one of the world’s largest gaming operators
* William Hill, Ladbrokes and Lottomatica games were launched
* Eight agreements were signed for delivery of Live Dealer Casino. Five customers launched Live Casino in the quarter
* Two agreements were signed with customers for delivery of mobile games. 13 customers launched mobile games in quarter
Highlights of the Full year 2013 included:
* Revenues for the full year increased by 19.8 percent to SEK 630.7 (526.7) million
* Operating profit reached SEK 179.7 (153.1) million
* Operating margin slightly down at 28.5 (29.1) percent
* Profit after tax amounted to SEK 167.1 (136.1) million
* 27 new licence agreements were signed and 20 new customers’ casinos were launched
* Proposed dividend to investors of SEK 3.00 (2.25) per share
CEO Per Eriksson commented:
"This has been a fantastic year as Net Entertainment started to see the effect from several investments that were carried out during 2012 and revenues reached record levels.
"From a sales perspective Net Entertainment reached yet another record, signing 27 new customer agreements during 2013 of which five with larger operators, so called Tier-1 contracts.
Net Entertainment’s market share was 31 percent (27 percent 2012) [although] the company still has a relatively small presence in terms of revenues in Britain, which is Europe’s largest market. In 2012 Net Entertainment started a large effort to establish the company in this market and today we have signed agreements with several of the largest operators facing the British market
"These operators have not yet reached their full capacity for Net Entertainment and it will take some additional time before they reach their full potential. I have high expectations that these customers will contribute positively to Net Entertainment’s growth in coming years.
"One of the company’s most successful efforts has been casino games through mobile units. Net Entertainment has won several prizes and is known as one of the world’s most prominent suppliers within this segment. In the fourth quarter, 13 customers launched Net Entertainment’s mobile platform and in total, mobile gaming represented 9 percent of the gross gaming yield in Net Entertainment’s casino.
"Mobile games will continue to grow for Net Entertainment and will continue to gain a significant role within the casino industry in the future. In 2014 we will continue to invest in more games and improve the product further to ensure we maintain our market leading position within this segment.
"Live Casino is the latest addition in Net Entertainment’s product portfolio which was launched in the beginning of 2013. The market for Live Casino is growing rapidly and I am convinced that we will see good results from the product as more customers launch and marketing among the operators increase. Net Entertainment has signed agreements with a total of 30 operators of which 14 have launched the product.
"Regulation of online gaming is expected to continue during 2014 and there is a high probability that we will enter more regulated markets in coming years. We follow the developments in the US, discussions are taking place with both operators and suppliers and we are waiting for the right time, the right states and the right conditions before establishing the company on the US market.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.