Business - n.a.

bwin.party´s Earnings Under Pressure

Published: July 10, 2012; 17:26 · (Vindobona)

The Austro-British entertainment company issues a pre-close trading update. Due to new taxes in Germany, the expectations are decent.

Bwin.party´s Earnings Under Pressure / Picture: © Novomatic

Trading

The Group’s trading performance since the beginning of April 2012 was broadly in line with expectations with solid performances in casino and bingo offset by continued pressures in poker and a lower than expected gross win margin in sports betting. While certain southern European markets remain challenging, the launch of the Group’s sports, poker,…

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bwin.party´s Earnings Under Pressure

The Austro-British entertainment company issues a pre-close trading update. Due to new taxes in Germany, the expectations are decent.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.