Reports Slight Increase in Revenues

CompaniesRetail & Consumer ♦ Published: May 9, 2011; 13:05 ♦ (Vindobona)

Total net revenue up 2% to €217.8m (2010: €213.9m); average daily revenue up 4% versus the previous quarter with growth in sports betting and casino & other games offset by weakness in poker. Reports Slight Increase in Revenues / Picture: © Bwin

Commenting on today’s announcement, Jim Ryan and Norbert Teufelberger, Co-CEOs said: “We are pleased to announce our first results following the merger with our announcement today showing what we would have achieved had the merger between PartyGaming and bwin occurred on 1 January 2010. Overall pro forma revenue in Q1 was 2% ahead versus the prior year despite the closure of our…