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bwin releases Q1 2010 numbers
4/15/10 - The top Vienna-listed European betting group Bwin Interactive was in bullish mood this week as it released its Q1 2010 numbers, posting a Euro 34.3 EBITDA and predicting a substantial increase in 2010 profit. Full-year 2009 earnings before interest, tax, debt and amortisation were confirmed at Euro 102.2 million.
Bwin’s first quarter 2010 gross gaming revenues were 12.5 percent up year-on-year, the Austrian operator reported, thanks mainly to a healthy contribution from Gioco Digitale.
The company announced that it is to pay a maiden dividend of Euro 0.60 a share.
Management reported that the group had successfully cut costs, and that efficient marketing had earlier helped lift fourth-quarter core earnings 79 percent.
Starting from the first quarter of this year Management expects Bwin's 2010 revenues to be boosted by its purchase of Italian online poker operator Gioco Digitale for Euros 115 million last year. Management says it will adapt its forecast for 2010 as soon as the timing for new product launches in Italy and details of the opening up of the French market are known.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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