Lower Losses at bwin.party digital entertainment
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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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