Poker.co.uk

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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Wednesday 5th May 2004

Gaming Corp�s interim results

The Board of Gaming Corporation, which operates Casino.co.uk has announced the results of the Group for the six months ended 31st March 2004. With turnover increasing to �5.5 Million for the period ended 31st March 2004, compared to �3.65 Million for the same period last year.

Current cash balances for the online portal were reported at �630,000 (�40,000 in 2003).

With more than 150,000 monthly visitors, the company said it will continue to invest in new products including multi-player poker and instant games all through 2004 and focus on growth through existing operations and strategic acquisitions.

�We have seen continued revenue growth and a considerable improvement in the cash balances available to the Group. We have invested in our technical infrastructure and software applications, enhancing our scalability and putting us in a strong position to manage our future growth,� said Jason Drummond the Chairman of Gaming Corp.

The London-based Company, however will not be declaring a dividend as it posted a group operating loss of �387,987 or 0.14 pence per share for the six months ended 31 March 2004.

Source: OnlineCasinoNews

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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.