Bwin Announces Q1-Q3 2010 Results

Companies › Retail & Consumer ♦ 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…

or Log In

Fast News Search
Related News
bwin Notifies Merger with PartyGaming to Competition Authority (October 20, 2010)
Online Sports Betting: Competition from William Hill (October 13, 2010)
After its merger with PartyGaming, bwin has moved its headquarters to Gibraltar (September 13, 2010)
Bwin’s successful World Cup record (July 13, 2010)
Bwin Interactive Entertainment AG - Change of total voting rights (June 30, 2010)
Read More
Bwin Party, Earnings, Entertainment Industry
Featured
Rudolfinerhaus Private Hospital: The Most Advanced Treatment by Tradition
See latest Vindobona Newsletter