Poker.co.uk

Poker Info
DATE: May 26 2012
TIME :

Poker.co.uk - Poker news archive

The Gambling Network

Poker.co.uk - Poker News Archive

Tuesday 3rd August 2004

Sportingbet release strong figures for last 4 months

Sportingbet have released details of their trading figures this year- with bets increasing by 55% compared to the same period last year. This increased betting activity saw a total of �9.2 million being bet via this online site, compared to �5.9 million in 2003. A release made by the UK based company revealed that they gained 76, 922 new registered customers in the last four months, while last year they gained 68,931 in the same four months.

Factors believed to be responsible for this strong performance include the site�s expansion into new territories, as well as the introduction of new games- including the extremely popular poker. Using these figures as a base Sportingbet are now predicting that operating profit for the period will increase to approximately �2.1 million, instead of the �0.9 million in 2003. Similarly the figures for a sixteen month period ending on 31 July 2004 should see, according to sources at Sportingbet, operating profit increase to �21.7 million, while the previous year�s was �15.5 million.

As the last four month period is traditionally regarded as a quiet period, Sportingbet are anticipating they will make even further gains for the rest of the year- as it is expected that this remaining period will be busier, as it is usually a busier season in sports generally. This is when they expect to make real headway thanks to the diversified products they are now hosting, and the expanded regions the site is available in.

Source: OnlineCasinoNews

View Similar Stories
Sportingbet Release Q3 Results
Sportingbet’s Online Backgammon Merger
Sportingbet PLC Acquires ParadisePoker.com
Ladbrokes’ Strong Remote Gambling Results
Sportingbet Showcases at the Casino Affiliate Conference

Discuss this story in the Poker Forum. Last 5 Posts:
Saturday 26^th May, 2012: Party Poker and William Hill (iPoker) BAP
Friday 25^th May, 2012: One way poker Swapsies
Friday 25^th May, 2012: New Bap - Day 3
Friday 25^th May, 2012: WSOP Fantasy Draft 2012
Friday 25^th May, 2012: Sharkscope

Poker.co.uk is part of The Gambling Network | Terms and Conditions | Privacy Policy | Contact Us | Gamble Aware

Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.