NetEnt - Mobile Applications Fuel Growth

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Exciting 12 months are behind the gambling industry, where some profound transformations took place. Some countries such as Romania have opened up and regulated their entire sector for sports betting and online casinos. Likewise more and more players access the smartphone or tablet, in order to go beyond the mobile casino of their own passion at the game machines. The Swedish manufacturer of automatic games and live casinos Games NetEnt has also benefited from all these developments and Sports Betting has once again been able to present very strong figures for the last quarter and for Sports Betting the entire 2016 financial year.

In the period between October and Sports Betting December, the company increased its own sales by a whole 23.9 percent compared to the same period last year and thus generated some SEK 400 million. Net operating profit was also very positive, with NetEnt also announcing a significant increase of 28.1 percent to SEK 156 million.

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