gambling.co.uk home casinos play poker play bingo play instant win games gambling news archive gambling.co.uk forums
 
- -
Bookmark current page
 
  Search
→ casino
→ online casino
→ online poker
→ poker
  Recommended Sites
  Featured Partner
  Gambling.co.uk
Home
Gambling Articles
Gambling Experts
News Archive
Forums
Contact Us
  Affiliates
Bingo Aff Program


Gambling.co.uk: Gambling News Archive

Sportingbet releases positive trading update for its Q3

Sportingbet has released a trading update for its third quarter ending 30 April 2005

Friday 29th April 2005

Sportingbet, one of the world's leading online betting and gaming groups, has released a trading update for its third quarter ending 30 April 2005. The update comes in advance of the general meeting to be held April 29th in connection with Sportingbet’s proposed reduction of capital and other matters.

The update applies only to sports betting– forecasts for Paradise Poker remain unchanged. According to the release, Sportingbet has enjoyed a good third quarter and operating profit before interest and goodwill amortisation for the quarter is expected to be not less than £19.0 million.

This is the third update to Sportingbet’s forecasts in less than three months, reflecting the success of the brand. Sports betting volumes during the period have been strong and there has been some improvement in margin compared with the first half. The Company's poker, casino and gaming revenue streams have also continued to perform well.

Sportingbet will announce its third quarter results and cumulative results for the nine months ending 30 April 2005 on 2 June 2005.




Source: OnlineCasinoNews

  • Back to archive index
  • Submit a press release

    Discuss this story in the Gambling Forum. Last 5 Posts:
    Sunday 26th February, 2017:   Horse Race betting
    Friday 24th February, 2017:   Poker Websites
    Thursday 23rd February, 2017:   UEFA Europa League
    Wednesday 22nd February, 2017:   UEFA Champione Leugue
    Wednesday 22nd February, 2017:   Hi - How to make good money online!