Posts Tagged ‘growth’
A Good Start For Net Entertainment
The Stockholm-based firm revealed that its operating profits increased by 74.6 percent year-on-year to $3.68 million from $2.1 million while its operating margin rose to 43 percent from last year’s 39.6 percent. Most significantly, profits after tax rose by a massive 106.9 percent to $3.96 million from $1.91 million, helped by the signing of [...]
Harrah’s Moving Online
The world’s largest land-based gaming company, Harrah’s Entertainment Incorporated, has established a new online subsidiary under the leadership of Mitch Garber, the former Chief Executive Officer for leading virtual gaming operator PartyGaming. The Las Vegas-based giant revealed that Harrah's Interactive Entertainment Incorporated would [...]
William Hill To Quit Spain
Citing regulatory and economic problems, British gambling group William Hill has announced a ‘gradual withdrawal’ over the coming months from its Victoria Apuestas joint venture in Spain with local gaming machine operator Codere. William Hill revealed that Victoria Apuestas opened its first outlet in Madrid in April of 2008 and now trades [...]
Bwin Business Booms
Leading betting and gaming provider Bwin Interactive Entertainment AG has released its financial results for the first quarter of 2009 showing a 11.1 percent year-on-year rise in net gaming revenues to a record €102.1 million. The Austrian firm reported that this figure represented a 1.1 percent increase on the final quarter of 2008’s €101 [...]
Fun88 Launches Entertasia Casino Software
Asian virtual entertainment brand Fun88 has announced the launch of a new live gaming online casino service at Fun88.com powered by software from gaming platform provider Entertasia Technology Company Limited Fun88.com now features a live gaming casino offering in addition to its competitive sportsbetting service, which Fun88 predicts will be [...]
