Mr Green Rebrands to MRG Group

Stockholm-listed online gambling group Mr Green & Co has rebranded and will now use the name MRG Group. The company said the rebranding better reflects the firm’s growth and expanded profile of gaming assets. The announcement came as the group said it anticipated 40 percent growth in 2018.

Mr Green will now be known as MRG Group under a rebranding announced by the Stockholm-listed online gambling group.

The company made the announcement during a “Markets Day” saying the new name better reflects the company’s growth and new online assets.

The company also outlined its expectations for 2018 predicting a 40 percent increase in 2018 full-year revenues, combined with an EBITDA operating margin of 15 percent.

The company pointed to strategic expansions in the last year as well as the growing strength of the Mr Green brand to predict 20 percent growth through 2020.

”MRG is a digital, high-growth company with a significantly broader operation with more brands and larger geographical presence than a year ago,” said Per Norman, CEO of MRG in a media statement. “We invest in new innovative digital areas within iGaming and eSports. MRG is reflecting our vision ‘Shape the future of the iGaming industry.”