Quarter2 was highly lucrative for Unibet, they pulled in £3.9 million just from poker - that is a 50% growth compared to last year's Q2.
Unibet owner the Kindred Group published their financial report for Q2 2017. According to their numbers, the poker department did phenomenally well in that period of time, despite the fact that it includes one summer month, June, and it's a well known "rule" of the industry that poker income falls during the summer.
Poker generated £3.9 million for Unibet, a 50% year-over-year growth. This was the company's highest quarterly poker income since Q1 2013.
You can browse the chart yourself below.
Their total poker revenue in 2017 is £7.9 million as of now, which is the best first half the company had in five years, and a 31% increase since last last year. Unibet Poker already produced the entire 2015 revenue this year.
Even more impressively, the second quarter in 2017 showed a 5.7% increase compared to Q1, meaning Kindred's poker department managed to show growth despite the seasonal disadvantages.
Although, as we've shown, Unibet Poker performs outstandingly well this year, it's far from being Kindred's most profitable product. Their casino games generated £84.3 million in revenue, while their sports betting site pulled in £73.2 million this year. Both numbers equal to an around 30% growth since last year.
Please remember that Unibet hosts two €2,500 Exclusive Rake Races for our members in August. Join Unibet now to take part in them.
Quarter2 was highly lucrative for Unibet, they pulled in £3.9 million just from poker - that is a 50% growth compared to last year's Q2.
Unibet owner the Kindred Group published their financial report for Q2 2017. According to their numbers, the poker department did phenomenally well in that period of time, despite the fact that it includes one summer month, June, and it's a well known "rule" of the industry that poker income falls during the summer.
Poker generated £3.9 million for Unibet, a 50% year-over-year growth. This was the company's highest quarterly poker income since Q1 2013.
You can browse the chart for yourself below.
Source: Poker Industry PRO
Their total poker revenue in 2017 is £7.9 million as of now, which is the best first half the company had in five years, and a 31% increase since last last year. Unibet Poker already produced the entire 2015 revenue this year.
Even more impressively, the second quarter in 2017 showed a 5.7% increase compared to Q1, meaning Kindred's poker department managed to show growth despite the seasonal disadvantages.
Although, as we've shown, Unibet Poker performs outstandingly well this year, it's far from being Kindred's most profitable product. Their casino games generated £84.3 million in revenue, while their sports betting site pulled in £73.2 million this year. Both numbers equal to an around 30% growth since last year.
In related news, Kindred Group has decided to purchase 32Red, an online poker room formerly part of the Microgaming Network.
In related news, Kindred Group has decided to purchase 32Red, an online poker room formerly part of the Microgaming Network.
Please remember that Unibet hosts two €2,500 Exclusive Rake Races for our members in August. Join Unibet now to take part in them.
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