eight/30/2013 6:eighteen:57 PM – Bwin.celebration expects their entire-year turnover to be down by as much as seventeen%. Their earnings before fascination and taxes fell by a third to €60.7. The business is focusing their initiatives in markets with an expectation of making a lot more eye-catching final results lengthy-phrase. Product sales are down from sports betting, poker, and on line casino. SBR described on July 8 that geo-place tech supplier GeoComply Inc signed a offer with Bwin.celebration.
SBR also stories on application supplier Playtech reporting a fifteen% yearly increase bringing their revenue to €176.8 via the very first 50 percent of the 12 months. Playtech’s gross earnings is up 10%. The great final results have been attributed to progress manufactured with mobile as properly as launches by licensees which includes Bet365 Sportsbook (SBR score A).
The iGaming news video also protected Skrill’s acquisition by CVC Funds.
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iGaming News financial update on bwin.party, Playtech
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