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Finnish Slot Machine Association Revenues Rise
Friday August 31,2012 : FINLAND'S RAY REVENUES RISE
But net income behind. Internet gaming exceeds expectations.
The Finnish Slot Machine Association (RAY) reported a 6.1 percent rise in revenue in its HY1 2012 results this week although the company's net income fell behind due to tax increases.
Other key indicators for the period included:
- Profits of Euro 377.7 million
- Net Income Euro 198.9 million
- Gaming locales generated Euro 46.8 million in revenue
- Profits from casino games located in restaurants and gaming halls lagged behind the same period last year delivering a total of Euro 6.8 million
- Profit from Casino Helsinki reached Euro 14.3 million, an increase of 9.4 percent
The company reported internet gaming profits that "generously exceeded all expectations yielding Euro 23.1 million, an increase of 68.2 percent over last year. Online games now generate 6 percent of RAY's gaming operation revenues.
RAY's online player registration doubled over H1 2011 and now stands at around 185 000 online players.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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