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Raha-automaattiyhdistys Delivers Record Results

02/19/2012 : RAY DELIVERS RECORD RESULTS
 
Internet gambling exceeds expectations in first full year results
 
Finland's Raha-automaattiyhdistys (RAY), a state owned gambling monopoly whose proceeds go to domestic charities and social welfare projects, has released record results for its 2011 financial year.
 
Key performance indicators for the period, included:
 
-     Total profits of Euro 410.8 million, Euro 29.1 million over the previous year.
 
-     Disbursement of Euro 73.7 million to the State derived from lottery taxes, Euro 18.2 million over last year, over and above charitable disbursements
 
-     A total of Euro 739.1 million from RAY's gaming operations - up 9.6 percent over 2010 - of which:
 
      -     Revenue generated from slot machines in partner premises was Euro 572.9 million
      -     RAY-owned arcades generated Euro 94.1 million in revenue
 
-     Internet gaming exceeded expectations during their first full operating year, generating Euro 29.7 million in revenues.
 
Funding from RAY's operations will be distributed to 755 organisations for 1556 individual causes, while Euro 277.6 million will be distributed to health and social welfare organisations.
 
The Finnish Government will distribute a further Euro 13.4 million in investment funding. The total disbursement of funding amounts to Euro 291 million, almost Euro 25 million more than the previous year.
 
Additionally, RAY will disburse Euro 99.3 million to the Finnish State Treasury towards care for disabled veterans and has amassed Euro 60.3 million in funds to be utilised for social projects in the future.



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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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