Latest results for Bwin released


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

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

3mins ago someone from Ukraine read Thrills Casino review

Casino Of The Month

Casino of the Month

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

Totals

  • New Members
    30
  • Members Online
    496
  • Guests
    1,760
Highest Community Rated Online Casinos
Guts Casino
  (288 Ratings)
32 Red Casino
  (524 Ratings)
Club USA Casino
  (398 Ratings)
Mr Green Casino
  (385 Ratings)
Buzzluck Casino
  (262 Ratings)
Lucky Red Casino
  (307 Ratings)
Videoslots.com
  (254 Ratings)
CasinoRoom
  (251 Ratings)
Bet365 Games
  (251 Ratings)
NextCasino
  (258 Ratings)
Raging Bull
  (195 Ratings)
Unibet Casino
  (238 Ratings)
CasinoLuck
  (327 Ratings)
TradaCasino
  (104 Ratings)
Betsson Casino
  (318 Ratings)
Redbet Casino
  (232 Ratings)
SlotsMillion
  (165 Ratings)
Betsafe Casino
  (301 Ratings)
Betspin
  (61 Ratings)
Vera John Casino
  (255 Ratings)
Casino Extreme
  (284 Ratings)
ComeOn Casino
  (359 Ratings)
Ladbrokes Casino
  (204 Ratings)
InterCasino
  (204 Ratings)
Thrills Casino
  (248 Ratings)
Royal Panda
  (182 Ratings)
Bet365 Casino
  (497 Ratings)
Slotland
  (437 Ratings)
Slotty Vegas
  (175 Ratings)
Win A Day Casino
  (470 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus