Online casino game developer NetEnt has posted their 2019 financial results, sharing that revenues were up slightly but that profits were down for the year.
Key financial indicators for the year ending December 31st, 2019 were:
NetEnt purchased designer Red Tiger last year, and the company cites their success in helping build momentum going into 2020. Commenting on the results NetEnt CEO Therese Hillman said, "Backed by our ongoing focus on efficiency and the acquisition of Red Tiger, we are entering the new year in a stronger position. Our global distribution and two strong brands give us the right basis to increase our market shares in online casino. We see good conditions for NetEnt to deliver growth in 2020, supported by our combined game portfolio and Live Casino."