The overall revenue reported by online payment solution firm Neteller for its e-wallet service was 27 per cent higher in the third quarter of 2008 than one year before.
Neteller announced that revenues reached $13 million, which is a significant increase year-on-year.
Ron Martin, president and chief executive officer for the company, said that the firm is now considering a number of investment opportunities.
"Despite the challenging economic environment, the group has continued to show underlying growth in its core e-wallet business both in Europe and Asia-Pacific," he added.
Neteller's e-wallet is used by online casinos and other gaming websites, among others.
Mobile casino and bingo group Probability also revealed its financial results recently.
A statement from the firm claimed that net cash for the six months up to the end of September totalled $4.11 million, which is around a $2.5 million rise on the same period one year before.
Online Casino News - 05/11/2008
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