Net Entertainment can seemingly do no wrong as we are constantly reporting profit increases for the Swedish based company. The old adage, build it and they will come, has never been more true. Their casino games lead the pack amongst developers around the world. Therefore, the online casinos offering Net Entertainment games is on the rise as customer demands for Net Ent games are in constant increase. Q2 revenues have increased an impressive 37.8% to SEK205 million (€22.2 million/$30.3 million) compared to SEK148.7 million achieved in Q2 of last year.
In Response to the increase, Net Ent’s chief exec Per Eriksson states, “The second quarter showed positive development and the revenues increased by 38% compared to last year, which was another record.”
“The increase was primarily attributable to strong development with Net Ent’s customers, but also due to more set-up fees than usual in combination with a positive currency development.
“In addition the 2014 World Cup did not affect revenues negatively, which is often the case during larger sport events as it can take attention from casino.”
The fact that the World Cup did not affect revenues goes to show the company really is on top of their game. They have recently just signed another deal with Bwin.Party to their mobile and desktop games to the operator’s platform. This is in addition to recent deals inked with betting giants that include William Hill, Ladbrokes, Bet365, PaddyPower, and Sky Vegas.
The set up fees of these new agreements along with the additional customers attribute to the Q2 revenue success of the company. Further adding to the increase, the company has an impressive 9 new casinos.
Check out all of our Net Entertainment Slot Reviews and experience for yourself the reasons why slot player enthusiasts love their games.
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