Article Tools

Lower Losses at bwin.party digital entertainment

Published: September 1, 2012; 12:37 · (Vindobona)

In its Half year report for the six months ended 30 June 2012, a solid growth in Clean EBITDA was recorded. Losses were down from € 41m to € 21.3m.

Lower Losses at bwin.party digital entertainment / Picture: © Novomatic

The pro forma total revenue rose by 3% to € 410.0m with growth in casino & games and sports partially offset by a decline in poker.  Actual total revenue up 50% to € 410.0m driven primarily by the Merger.

The pro forma Clean EBITDA from Continuing operations increased by 13% to € 92.3m due to revenue growth and synergies, partly offset by increased gaming duties from…

This article includes a total of 726 words.

or Log In

Fast News Search
ISIN
GI000A0MV757