Stable Results for bwin.party

CompaniesRetail & Consumer ♦ Published: May 16, 2012; 16:14 ♦ (Vindobona)

Total revenue was up by 1% to € 215.9m (2011: € 214.0m) with strong growth in casino & other games as well as other revenues partially offset by a softer gross win margin in sports betting

Stable Results for bwin.party / Picture: © Vindobona.org

Commenting on today’s announcement, Jim Ryan and Norbert Teufelberger, Co-CEOs said: “Trading performance overall in the first quarter has been as expected.  Casino has continued to perform well as has our sports business that saw strong growth in both player activity and amounts wagered, albeit at a lower margin compared with last year which was particularly strong.  The poker…