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Swedish game developer NetEnt posted their third quarter 2019 financial results, noting a small decline in revenue for the period.
Key financial indicators for the period ending September 30th, 2019 were:
Speaking about the results NetEnt CEO Therese Hillman said, "The primary reason for the lower revenues was attributed to continued weak developments in the Swedish market. Sweden accounted for 7 percent of the decrease, but Norway and UK also had a negative impact on revenues.
"On the positive side, it's worth highlighting the US, with continued strong growth in New Jersey and a great start in Pennsylvania during the quarter," she added. "Revenues from these two US states could continue to grow for many years to come to potentially account for a greater share of our total revenues in the future."