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

Monday 7th February 2005

Online gaming company reports 80% increase in turnover

betinternet.com the global on-line gaming group has announced interim results for the 26 weeks ended 28 November 2004.

The company has reported that turnover increased by 80% to �47.06m for the 26 week period (2003: �26.20m) and Gross profit is up 32% at �1.48m (2003: �1.12m).

Commenting on the results, Denham Eke, chairman of betinternet, said: �These results show a sharply improved performance at EBITDA level and give me confidence that EBITDA profitability may shortly be achieved.

�The Company is now strongly placed to build upon the initial impressive growth of its pari-mutuel business, European Wagering Services. In addition, the recent successes of its casino and football game offerings are a blue-print for future expansion within the sportsbook business.�

Source: OnlineCasinoNews

View Similar Stories
Gibraltar gaming company launches Mansion Online Casino
Financial Company Cantor Fitzgerald Move Into Online Gaming
Online gaming company negotiates for license
Online Gaming company plans $6bn deal to win FTSE place

Discuss this story in the Poker Forum. Last 5 Posts:
Saturday 26^th May, 2012: New Bap - Day 3
Saturday 26^th May, 2012: Party Poker and William Hill (iPoker) BAP
Saturday 26^th May, 2012: Brag Thread! Post your greatest wins (online or live) here.
Saturday 26^th May, 2012: WSOP Fantasy Draft 2012
Friday 25^th May, 2012: One way poker Swapsies

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.