/ THE BRIEFING / NEWS
AUSTRIAN ANGLE
AU S T R I A
NETHERLANDS
Online casino firm Mr Green
said it remains committed to
the Austrian egaming market
despite an ongoing tax dispute
in the country, after reporting
an impressive 35% hike in third
quarter profits. The operator
reported EBITDA of SEK42.4m
(£3.6m) for the three months
ended 30 September, up more
than a third on last year’s figure, as
quarterly revenues jumped by 36%
to SEK168.5m (£14.5m). And Mr
Green’s group CEO Mikael Pawlo
said the firm intends to continue
its “strategically important” push
away from its native Nordic
markets and into regulated
Western and Central European
jurisdictions, with Austria cited as
a particularly “attractive market”.
The news comes despite an
ongoing row over a contested tax
liability in Austria, where Mr Green
faces a bill of around SEK100m.
CZECH REPUBLIC
GETTING A GRIP
Fortuna has upgraded its 2014
S PA I N
ON THE UP
I TA LY
Italy’s regulated online gaming market continued its recent
resurgence during October as its casino and sportsbook
verticals both posted double-digit year-on-year growth in
gross gaming revenues (GGR). According to figures seen
by eGaming Review, casino cemented its place as Italy’s
premier vertical after posting a 13% rise in GGR for the month
to €22.5m – its best monthly performance so far this year.
W W W. E G R M A G A Z I N E . C O M
EUROPE
UPDATE
N
E
W
S
EGAMING UPDATES BY COUNTRY
outlook after group EBITDA
for the first nine months of
the year grew 21% to €22m
following rapid growth in its
online sportsbook. Gross win
from its online sportsbook
increased by more than a
third (34%) year-on-year to
€48.4m, approximately half
of its total gross win for the
period, while total group stakes
grew 21% to €491.6m. The
operator strengthened its grip
on the Austrian market with
a 37% market share, however
CEO Radim Haluza cited the
growth of its online business
in the Czech Republic as one
of the company’s stand-out
performances of the year.
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