Interim report January – June 2020
Quote from Therese Hillman, Group CEO “Overall, the second quarter was strong for both NetEnt and Red Tiger, resulting in record revenues, earnings and cash flow for the Group. On a proforma basis, the Group’s total revenues increased by 15% in euro compared to the same period in 2019. Supported by revenues from the US market, NetEnt (excluding Red Tiger) returned to solid organic growth in the quarter. The US accounted for 10% of total Group gross gaming revenue (GGR), with GGR growth in New Jersey at 148% Y/Y and in Pennsylvania at +100% Q/Q. The underlying EBITDA margin was 54.6% and