Bwin Announces Q1-Q3 2010 Results
Published: November 18, 2010; 16:08 · (Vindobona)
Considerable decline in earnings and profits: EBIT fell by 70%, Result after tax shrank by 67%.
Bwin Announces Q1-Q3 2010 Results / Picture: © Bwin
Gross gaming revenues grew by 22.%, which is attributable to a sound development of sports betting, poker and games. Sports betting margin continued to increase as well as the customer volume. Due to a new regulation, the number of active poker customers was up by 70% in France.
However, the EBITDA was impacted by one-off expenses associated with the market entry…
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