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Betbull Earnings Up
Bwin associate reports on the first nine months of 2010
Among the many companies currently reporting on commercial performance over the first nine months of 2010 is Betbull Holding SE, which this week published its results for the period to September 30.
- Betting stakes of Euro 58.9 million for the nine months down 7 percent compared to Euro 63.1 million in the same period last year.
- Gross hold Euro 13,17 million (YTD/2009: Euro 10,58 million).
- Net gaming revenue of Euro 11.7 million for the nine months up 28.6 percent compared to Euro 9.1 million in the same period last year.
- Total income Euro 11,86 million (YTD/2009: Euro 9,26 million).
- Gross profit Euro 9,5 million (YTD/2009: Euro 7,39 million).
- EBITDA (including the Spanish operations) was Euro 1.6 million compared to negative Euro 2.0 million in the same period last year.
- EBITDA (excluding the Spanish operations) of Euro 1.2 million for the nine months and cash position as at 30 September 2010 also excluding the Spanish operations of Euro 5.5 million.
- Loss after tax (Euro 1,938,725) YTD/2009: (Euro 3,029,630).
- Current liabilities Euro 4,729,859 (YTD/2009: Euro 4,756,266).
- Cash (position including Spanish operations) as at 30 September 2010 of Euro 5.7 million compared to Euro 4.9 million as at 30 September 2009.
Management confirmed that Betbull has sold 100 percent of Winners Apuestas SA, its Spanish subsidiary, to Bwin Interactive Entertainment AG, and revealed that the company will now concentrate on its core business in Germany.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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