Business - n.a.

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…

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Lower Losses at bwin.party digital entertainment

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.

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