The past year (2018) has been very successful for the Nordic game industry, just like it has been very successful for the gaming industry as a whole. But what are the trends for the online casinos?

Well, while they are a sort of gaming, they are going through a whole different type of growth and expansion nowadays, according to Norskecasino.casino’s publication. The trend for them has been that of growth as many people had expected previously. The online gambling industry is a rather large one, even if not often seen as such by most people, and the Nordic companies involved have a nice chunk of the industry to themselves. How they have grown and how they will keep growing, if at all, is an interesting subject to look at.

Let us take a look at some of the more well known Nordic online casinos, the companies behind them, and see how far they have come and how far they are going to keep going.

Catena Media

Catena Media is one of the largest Nordic companies currently working in the iGaming industry. Their rate of monthly customer retention is rather impressive, with 5 million users being retained per month. Their growth has been rather impressive, with 677 million Euros added in revenues just within a single year in 2017. 2018 has been a good year for them as well, with another increase in revenue and the introduction of some new plans and missions for the year 2020, though it seems 2018 had not been as favorable to them as 2017 was. Still, they have retained a stable level of stock prices even within the global trend of stock assets prices declining. With the current expectations of the market global markets still being pessimistic, it seems the downward trend for the stock of Catena Media will persevere, for a bit. Though, if they are going to be fulfilling the goals and showing a good revenue marker, as promised by them, they might be seeing a nice spike sometime mid-2019. Their recent naming as the best affiliate and interesting acquisition strategies should definitely be bringing their stock up sometime into 2019.  

Mr Green

Mr Green is one of the largest and most promising Nordic online casinos and betting services out there. They offer a large variety of games and betting platforms and have been gaming awards winners for five consecutive years within the Nordic countries. Honestly, this might be the best-known gaming platform in the Nordic countries and it is one to be on the lookout for in 2019. Especially judging by the astronomical increase in the stock prices they have seen in 2018 and 2017. While the stock markets around the world are looking pessimistically at the different stocks, Mr Green is still on the rise. Still, we would be careful with the stock, as when the value goes through the roof, it tends to eventually come down, after peaking. Keep an eye out for the stock to fall in 2019, if it does happen in 2019, and be prepared to buy as soon as it does as the company will be back on top and going high soon after such a change in stock value happens.

Kindred Group

Kindred Group is a well known Scandinavian company with an optimistic outlook on their own future. Owners of brands such as bingo.com and a number of others, they have recently secured a Swedish gaming license, further expanding their already large market share. The recent trend for their stock has been that of a slow decline, though this might be a good thing for all of us trying to pick up a few of their stocks. It is expected that the company stock will start climbing up once again in 2019, so looking out for a low in the stock prices to pick up some shares might be a good idea.