Tag Archives: Per Norman

GIG Core powers MRG’s future esport venture

MRG Group has confirmed that it has selected Gaming Innovation Group’s GIG Core platform solution to power its upcoming ‘GLHF.GG’ (working title), e-sports entertainment property. During H1 2018 trading, MRG confirmed that it had invested in a joint-venture project with Stockholm-based esports publisher Gamingzone Entertainment, seek to deliver its first esports-centric property. Updating stakeholders, MRG leadership confirmed that its GLHF.GG …

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MRG Group’s effective enlargement sees strong start to 2020 journey

MRG Group (legacy Mr Green&Co), the third Stockholm-listed industry enterprise to publish its Q3 2018 trading update today, details strong progress on its diversification and geographic expansion initiatives. Detailing a further consecutive ‘record-breaking’ quarter performance, in which MRG records a 50% group revenue increase to SEK 445 million (€43 million). The Stockholm enterprise details a period of high customer activity, …

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MRG recruits telecoms pro Niklas Grawé to lead upcoming esports venture

Stockholm-listed online gambling group MRG (formerly Mr Green & Co) has confirmed the appointment of Niklas Grawé as Chief Executive of its upcoming esports entertainment joint-venture with games publisher Gamingzone. Niklas GrawéA seasoned media and telecoms executive, Grawé takes leadership of the yet to be named joint venture, and will be tasked with building a new community of esports fans focusing …

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Baltics ambition sees MRG acquire 11.lv Latvia

The newly rebranded MRG Group (formerly Mr Green & Co) has confirmed that it has agreed to acquire Latvian online gambling firm 11.lv. Updating the market, the governance of MRG has agreed to acquire a 75% stake in 11.lv for €2.8 million cash, valuing the Latvian operator at €3.7 million. The acquisition sees MRG expand its presence within the Baltics …

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Mr Green & Co rebrands to MRG as company sets 2020 vision

Following its ‘Capital Markets Day’, Stockholm-listed European online gambling group Mr Green & Co has announced that it has rebranded its corporate entity to ‘MRG’ (MRG Group). Corporate governance stated that the new group MRG brand reflected the firm’s fast growth profile, and better served its expanded portfolio of online gambling assets. The firm’s markets day would further see MRG’s …

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Mr Green seeks to join the esports scene with Gamingzone Entertainment joint-venture

European online gambling group Mr Green & Co, has announced that it will launch its first esports-centric property in partnership with Gamingzone Entertainment. Updating the market, the Stockholm-listed enterprise has confirmed that it will develop an esports entertainment joint-venture with established esports media publisher Gamingzone. “Mr Green and Gamingzone Entertainment have established a joint venture to create a new community …

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Organic Mr Green confident of expectations following strong 2018 opening

Stockholm-listed online gambling group Mr Green & Co, has published its Q1 2018 trading update (period ending 31 March), detailing strong organic growth across its core metrics and KPIs. In its trading update, Mr Green records group-wide total revenues of SEK 381 million (€36 million) up 38% on corresponding Q1 2017’s  SEK 276 million. The Stockholm enterprise details a period …

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2.0 Expansion Strategy pays dividends for Mr Green in 2017

European online gambling group Mr Green & Co (Mr Green) has declared 2017 as its ‘most successful year in business’, as the company delivers on its ‘Mr Green 2.0’ corporate expansion strategy. Reporting its fifth consecutive quarter of all-metric growth, Nordic Nasdaq-listed Mr Green breaks the SEK 1 billion mark in group revenues for 2017, recording total revenues of SEK …

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Mr Green agrees to €7 million Evoke Gaming acquisition

Evoplay - Copyright: opolja / 123RF Stock Photo

Mr Green has agreed to pay €7 million to acquire Redbet owner Evoke Gaming, with the deal expected to be completed in Q1 2018 subject to regulatory approval. Evoke Gaming, who’s brands produced revenues of €15.5 million in 2016, includes the likes of Vinnarum casino, Bertolt, MamaMia and Redbet, a sportsbook, casino and poker provider which Mr Green intends to …

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Mr Green moves home office to ‘Epicenter Stockholm’

European online gambling group Mr Green & Co has moved its Stockholm ‘home office’, to specialised technology development centre ‘Epicenter Stockholm’, as the company seeks to bolster its employees’ within a ‘heightened tech & innovation environment’. Mr Green’s move to the Epicenter building will see the company merge its Stockholm head operations and technology teams under one location. Updating stakeholders, …

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