Winpalace Casino has been a constant expansion for the last couple of years and the number of people joining them is still on the rise.
That’s great news for one of the best-known gambling operators, who cover everything from sports betting to casino games and poker.
In 2016, new games were added and partnerships were signed with more software developers. The reason for this expansion was to breathe new air into their collection of games and make these titles more attractive.
The company continues to gain operational momentum and the numbers posted recently tend to confirm this trend. Over the last six months, the gambling operator has won more money than expected, despite the optimistic forecast.
They have delivered a record revenue performance, with the gross profits increasing a lot compared to 2015. There are only a handful of industries that thrive these days, so those who gamble here can be very happy with these numbers.
EBITDA amounted to 4.46 million which is an impressive rate if you put things into perspective and realize the 258% increase rate. Winpalace Casino now has good reasons to keep up the tempo, since its representatives have the proof that things are advancing in the right direction. The vibrant community of gamblers has its merits, because these numbers are the consequence of players betting larger amounts.
Many of them have made the transition from sports betting to casino games and poker or vice versa.
Another reason for why the company’s thriving right now is that the mobile division is on upswing. New members prefer to sign up for mobile accounts which resulted in an increase of 50% compared to 2015.
This is the niche that is probably going to keep growing at an accelerated pace in 2017 and beyond. Across Europe, the company is trying to make the most of all the opportunities it has an Italy remains its top priority. This is where the business has been slow but at least it is going to break even this year.
The contract with Microgaming will be extended for five more years, so the collection of games will keep growing as well. The software developer has some of the best paying progressive jackpot games and the prizes are pooled across its vast network. At the time of writing everything is going according to the plan and there are no indicators that things will change for the worse.