No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Betfair year to end-April 2014 Earnings
Wednesday June 11,2014 : BETFAIR SHOWS STRONG IMPROVEMENT
But weak e-gaming performance pulled down growth in sportsbook operations.
The UK online gambling group Betfair has posted revenue up 2 percent to GBP 393.6 million for the year to end-April 2014, reporting strong growth in sportsbook and Betfair US operations, offset in part by a weak e-gaming performance.
Much of the negative impact flowed from the company's decision to exit unregulated markets (GBP 13.3 million revenue impact from Greece, Germany, Cyprus and Spain) and the absence of a major international football tournament.
Reported profit before tax for the year was significantly up at GBP 61.1 million (FY13 loss: GBP 49.4 million).
EBITDA was up 24 percent to GBP 91.1 million (FY13: GBP 73.3 million) and underlying profit before tax was up 61 percent to GBP 61.1 million (FY13: GBP 38 million), with the improvement driven primarily by the cost savings announced in FY13.
Underlying basic earnings per share increasing by 57 percent to 49 pence (FY13: 31.2 pence).
The Group ended the year with a cash balance of GBP 209.8 million (FY13: GBP 168.1 million) and no debt.
The Board is recommending the payment of a final dividend of 14 pence per share. Together with the interim dividend of 6 pence per share, the proposed full year dividend is 20 pence per share (FY13: 13 pence).
Breon Corcoran, CEO, said in his management report:
"Our strategy is working. The emphasis on sustainable revenues and our product and marketing investments is paying off, resulting in record revenues and profits. The focus in FY14 was on creating a competitive Sportsbook and we are now entering an exciting phase of product development to leverage both our Exchange and Sportsbook to stand out in a crowded marketplace.
"Betfair has always been a unique betting company and our innovative sports betting products such as Cash Out and Price Rush are redefining the ways customers bet. Cash Out+ builds on the success of our Cash Out feature which allows customers to lock in profits before the conclusion of an event and has been used over 30 million times. This enhancement allows customers to partially cash out their bets and further differentiates our product.
"Price Rush is the first step of integrating our Exchange and Sportsbook and allows the odds on certain Sportsbook bets to be boosted by using the superior value available on the Exchange. Over 500,000 bets have been 'Rushed' so far and on average the odds on these bets were boosted by 24 percent.
The introduction of the Sportsbook, increased television advertising spend and the strengthening of our online marketing capability have broadened our customer reach and led to a 54 percent increase in the number of customers acquired in the UK and Ireland.
"As a result, we have seen three consecutive quarters of double digit revenue growth in sustainable markets. Our focus on efficiency has allowed operating margin expansion at the same time as increasing marketing and technology investment to approximately GBP 200 million.
"Our strong trading has continued into the new financial year and we look forward to building on this positive momentum during the World Cup that kicks off tomorrow and which will be an excellent showcase for our market leading products."
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Is Gibraltar Out of Luck in US Tax Challenge -
Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.
Quickspin are now available in Denmark -
#quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.
UCypher Launches -
Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.
Extreme Live Gaming In deal With Betsson -
Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.
Expansion Mode For BoyleSports -
The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..
Safecharge Q4-2016 -
Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.
ASA Most Controversial Ads of 2016 -
Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.
Yggdrasi To Enter Italian Gambling Market -
Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.