Posts Tagged ‘profit’
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 [...]
South Carolina Could Sanction Poker
The American state of South Carolina, historically one of the most hostile towards the game of poker, has taken two steps towards legalising recreational games while explicitly defining illegal competitions. The South Carolina State Judiciary Committee recently ratified Senate Bills 535 and 628 by a vote of twelve to eight and the measures now [...]
Sportsbetting Success for Unibet
Malta-based online gambling operator Unibet Group has announced its unaudited financial results for the first three months of 2009 showing an 87 percent increase in profits after tax year-on-year to £9.96 million. The figure was a 14 percent rise on the firm’s results for full-year 2008 and was helped by 25 percent growth year-on-year in [...]
World Poker Tour Improving
World Poker Tour Enterprises (WPTE) Incorporated has released its financial results for the first three months of 2009 showing a ten percent jump in revenues quarter-on-quarter to $5.5 million. The Californian firm revealed that the increase was due primarily to higher revenues from its ClubWPT.com domain alongside increased World Poker Tour [...]
AsianLogic Profits Hurt by Operating Expenses
Leading online and land-based gaming operator AsianLogic Limited has released its preliminary results for 2008 showing an almost 50 percent drop in pre-tax profits due to bad debt provisions and increasing operating expenses. The Hong Kong-based firm reported a pre-tax profit of $6.3 million, which was down on the previous year's $12.4 million, [...]
