Net Entertainment A.B. reported a third-quarter net profit of 52.6 Swedish krona -- up 104 percent from last year.
The Swedish gaming company reported revenues of 52.6 million Swedish krona, which increased 63 percent from last year's third quarter results.
“We see no tendencies for a slowdown in the market growth for online gaming, and the fourth quarter has started off strong,” said Johan Öhman, Net Entertainment's chief executive, in a prepared statement. “Agreements have during the first nine month of the year been signed with four so called Tier 1 operators. As a result of this the company's dependence on individual customers is drastically diminished.”