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France-Pari finally makes a profit
Thursday April 2,2015 : PROFITS AT LAST FOR FRANCE PARI
French sports betting operator's turnaround due to success of France-Pari.fr brand
The French online sports betting company France-Pari has halted its loss-making record to post EBITDA of Euro 500,000 and net profit of Euro 300,000 for 2014, reversing last year's full year loss of Euro 200,000.
Management reported online betting revenues at the France-Pari.fr were up 46 percent at Euro17.9 million, supported by the group's business-to-business operation Sportnco, which doubled its 2013 revenues to Euro 1.05 million.
Chief executive Hervé Schlosser described 2014 as an important milestone for the company, which has proved its viability with strong financials and a net equity above 52 percent of the balance sheet.
He predicted that the report would enable France-Pari to access additional funding to accelerate its international development.
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Betsoft Gaming In Deal With SuprNation -
Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.
Ladbrokes New SPonsor of The Hennessy Gold Cup -
The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.
Ladbrokes Appoints Annemarie Durbin -
Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.
Olympus Slot Pays $210k Jackpot to USA Player -
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Divine Fortune SLot Launches -
NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.
2 Huge Wins at Bovada Casino -
Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.
China Internet Clean Up Campaigns -
The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:
AOPA to campaign for poker to be left alone -
The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.
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