NetEnt Q2 revenues slide on “weak” Swedish environment

Stockholm-listed supplier strikes DraftKings deal but struggles with fewer players and lower ARPU in Sweden

NetEnt has pointed to “weak development” in Nordic markets and continued troubles in Sweden as major factors behind a year-on-year revenue dip of 4.1% to SEK 419m (€39.8m) in Q2 2019. EBITDA reached SEK 201m (€19.1m), SEK 1m lower than in the same period last year, while operating profit also fell to SEK 130m (€12.3m),…

Casino | Finance | NetEnt | Slots | Sweden | Therese Hillman