Weak Results at bwin.party

Companies › Retail & Consumer ♦ Published: March 29, 2012; 12:10 ♦ (Vindobona)

The Austro-British gambling copmany could increase EBITDA by 3.0%. Total revenues remained stable.

Weak Results at bwin.party / Picture: © Vindobona.org

The London-based bwin.party Digital today reported a rise in earnings. The company reported a 3 per cent rise in clean Ebitda (earnings before interest, tax, depreciation and amortisation) to € 199.3m in 2011. The Gibraltar-based firm said synergies coming through faster than expected had offset increased gaming duties in regulated markets, pushing earnings up to just shy of consensus…

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