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Pari Mutuel Urbain Full year 2011 earnings

01/08/2012 : RECORD RESULTS FROM PMU
 
Crosses the Euro 10 billion line
 
French gaming operator and former French monopoly Pari Mutuel Urbain (PMU) announced record full year 2011 results with turnover crossing the Euro 10 billion mark, an increase of 7.3 percent over 2010.
 
The firm’s online arm, covering horse race betting, sports betting and poker, posted an impressive increase of 45 percent to Euro 1.346 billion.
 
Considering PMU leads the French online horse race betting market, has an approx. 20 percent of the online sports betting market and "stands at the forefront of online poker", its plans going into 2012 will see the company focus on continued growth in horse race betting and expanding its share of the market in sports betting and online poker said chief executive officer and president, Philippe Germond.
 
Germond expects tough market conditions in the coming year affected by the Euro Zone crisis and a looming recession affecting punters disposable income.
 
PMU's 2011 results mark its 14th consecutive year of an increase in turnover.
 

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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