Casino News: Net Entertainment has Highlighted Massive Increase in its Q4 Revenue

Net Entertainment has Highlighted Massive Increase in its Q4 Revenue

 February 13, 2012, 5:27 am (5 years ago)
Net Entertainment, one of the leading software providers of online casinos of Sweden has recently given its performance report for Q4 of 2011. The report of 2011 has highlighted that revenues of Net Entertainment group has increased to massive 21.6%.

According to the financial report highlighted from Net Entertainment, during these last three months, revenue has increased to £11.51 million. In addition, fourth quarter of 2011 has reported 26% increase to £3.48 million as compared to last year.

Moreover, this 2011, Net Entertainment had observed many significant developments in their group. Last month, Net Entertainment has released new Scarface slot game at ICE (International Casino Exhibition) in London. This is a 5-reel and 20-payline slot game.

Second, Net Entertainment has signed two licensing agreements and the launching of two online casinos of partners. This 2011, total revenue of Net Entertainment has increased by 16% to £40.63 million, while operating profit has increased to £12.32 million.
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