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!

4mins ago someone from United States United States played For Love & Money

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

  • New Members
    18
  • Members Online
    268
  • Guests
    1,937
  • New Posts
    191

Totals

Casino Of The Month

Casino of the Month

Casino Software

Highest Community Rated Online Casinos
138SunGame
  (24 Ratings)
Slotty Vegas
  (12 Ratings)
WinTrillions Casino
  (5 Ratings)
Jackpot Party
  (32 Ratings)
Bet365 Games
  (98 Ratings)
NextCasino
  (85 Ratings)
CasinoLuck
  (143 Ratings)
Betsson Casino
  (130 Ratings)
Guts Casino
  (97 Ratings)
Intertops Casino Classic
  (53 Ratings)
Spin Palace Casino
  (69 Ratings)
Betsafe Casino
  (102 Ratings)
Conan Casino
  (13 Ratings)
ComeOn Casino
  (141 Ratings)
Redbet Casino
  (74 Ratings)
Unibet Casino
  (75 Ratings)
Thrills Casino
  (71 Ratings)
Mr Green Casino
  (198 Ratings)
32 Red Casino
  (168 Ratings)
Sin City Casino
  (51 Ratings)
Vera John Casino
  (117 Ratings)
BETAT Casino
  (108 Ratings)
3Dice Casino
  (147 Ratings)
Liberty Slots Casino
  (95 Ratings)
Casino Saga
  (55 Ratings)
River Nile Casino
  (61 Ratings)
Virgin Games
  (37 Ratings)
Winner Casino
  (271 Ratings)
Ruby Fortune Casino
  (96 Ratings)
Mummys Gold Casino
  (105 Ratings)