Internet gaming firm Nektan has released their second quarter 2018 financial results, noting that revenues rose 41.6% in the past year.
Key financial indicators for the quarter ending December 31st, 2017 were:
- Net Gaming Revenue of £4.7 million, up from £3.3 million last year and up 21.9% from the first quarter
- New depositing accounts up 4.8% to 36,907
- Cash wagering up 19.8% to £127.8 million
Speaking about his company's performance Nektan Interim CEO Gary Shaw said, "Our core European business continued to progress as expected in Q2 FY18 with a number of further launches planned in Q3 FY18. Our strategy to move into B2B is paying off with initial revenue generated by the company."
"We look forward to announcing further positive updates across Nektan's business over the next few months, including on our platform deal with Tyche and our US business."