Online Casino News - Latest results for Bwin released
26th of February 2010 Author: Natalie Stephanopoulos
EBITDA for FY 2009 will be slightly down
The giant Austrian online gambling group Bwin released its latest results this week, posting a small increase in net gaming revenues of 2.3 percent year-on-year to Euro 373 million (US$ 503.7 million) in 2009.
Preliminary results delivered gross gaming revenues up 6.1 percent to Euro 446.6 million. Excluding the takeover of Italian gambling group Gioco Digitale the number stands at Euro 432.7 million.
Bwin's sports betting gross gaming revenues decreased 3.8 percent to Euro 226.3 million. The company noted that the previous year's result was boosted by the UEFA 2008 football championship action.
Online poker performed well, with gross gaming revenues soaring 26.1 percent to Euro 118.8 million, while revenues in the Internet casino field rose 5.4 percent to Euro 73.7 million. Gross gaming revenues for games increased 30.7 percent to Euro 27.8 million.
Group betting turnover increased 5.1 percent to Euro 3.27 billion.
Management said that EDITDA for 2009 should come in at between Euro 100 million and Euro 105 million, somewhat lower than the Euro 110 million the company had anticipated earlier.
General Gambling News
1st of December 2009
25th of November 2009
21st of August 2014
20th of August 2014
21st of July 2014
19th of June 2014
22nd of June 2014
6th of August 2014
28th of June 2014
Disclaimer Contact Us Privacy Gambling Help Site Map
LatestCasinoBonuses.com © 2006-2014
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here