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Netent FY 2015 revenue up 34 percent
Thursday February 11,2016 : NETENT REPORTS ANOTHER SUCCESSFUL YEAR.
FY 2015 revenue up 34 percent year-on-year.
Swedish online gambling software and games developer NetEnt powered to another record performance in 2015, according to numbers published this week by the company, which highlighted the following achievements:
* Revenue up 34 percent year-on-year to SEK 1.1 billion (GBP910 million) thanks mainly to new client growth;
* Earnings of SEK 401 million (GBP 34 million) and profit after tax of SEK 374 million (GBP31 million), up 54 percent y-o-y;
* Content supply agreements with 37 new online casino partners, and 43 new licence deals signed;
* Q4-2015 operating profit rose 51.6 percent to SEK121.8 million, with fourth quarter and profit after tax up 50 percent y-o-y at SEK 115.7 million.
* Operating margin for Q4 surged upward to 37.7 percent, its highest level in five years;
* 14 new licence agreements signed and 16 new online casinos launched in Q4;
* NetEnt handled 8.2 billion transactions during the fourth quarter, and over the year 27.7 billion.
The company's CEO, Per Eriksson, said in a statement this week:
“2015 was yet another fantastic year for NetEnt. Continued growing demand for digital casino entertainment and for our products helped us reach new record levels in terms of revenues, results and cash flow.
“We continue to deliver on our long-term strategy for profitable growth with new products, new customers and new markets.
“Customer satisfaction is the foundation for our long-term growth and our approach is to have a business partner mindset for shared success. In our annual customer survey, 99 percent of all our customers expressed that NetEnt has a top reputation in the industry. Innovation is a key word in everything we do and in November we won the prestigious prize “Game of the Year.”
Eriksson added that mobile gambling and the UK market continue to be important to the company as outstanding areas of growth, and appeared bullish on prospects for continued success in 2016, with a large pipeline of signed customers yet to be launched, mobile growth and expansion in North America.
$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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