Industry News

MRG post revenue rise

Published

7 years ago

July 23, 2018

Niji Narayan

Reading 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: intergameonline.com

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.