MRG post revenue rise

MRG post revenue riseReading Time: 1 minute

MRG, the parent company of igaming operator Mr Green has posted an increase in the revenue for the second quarter of 2018.

The company saw revenue increase by 43.4 per cent to SEK412.8m, with organic growth of 31.1 per cent. EBITDA was SEK45.4m.

From January to June, revenue rose by 40.8 per cent to SEK793.8m and EBITDA rose to SEK45.4m.

The period also saw the launch of the new group name, MRG, which aims to reflect a broader portfolio, expanded geographic presence and new ventures.

 “We are securing our position as one of the rapidly growing companies of Nasdaq Stockholm,” said Per Norman, CEO of MRG.



Source: European Gaming Industry News

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.