RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

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.

 

Bovada Casino Bonus Code

 
No Deposit Bonus

Horrible FY 2012 Results for BWIN.Party

Friday March 15,2013 : BWIN.PARTY'S 2012 FAILS TO IMPRESS

Maybe if Bwin and Party Stop Fucking over affiliates, and stealing players from them, after promising a lifetime comission on players sent, then doing a retroactive term change they would have more players. Stay tuned investors 2013 will be even worse. Search any affiliate forum and all you see is complaints on bwin.party.
 
Weaker poker revenues, migration difficulties and taxation impact the numbers
 
Bwin.Party's FY 2012 results posted Friday could have been worse...but they could also have been better as taxation, poker migration problems and the continued decline of poker impacted the numbers.
 
Fortunately the performance of sports betting, casino and emerging businesses managed to offset the negatives to some extent, boosting actual revenues by 16 percent.
 
Actual revenues looked like this:
 
*   Sports betting Euro 262.8 million (2011: Euro 193.9 million)
 
*   Casino and Games Euro 268.8 million (2011: Euro 237.5 million)
 
*   Poker Euro 173.86 million (2011: Euro 184.6 million)
 
*   Bingo Euro 63.5 million (2011: Euro 58.5 million)
 
*   Other revenue Euro 32.7 million (2011:Euro 16.6 million)
 
*   Total Euro 801.6 million (2011: Euro 691.1 million)
 
*   Actual EBITDA was down at Euro 143.6 million (2011: Euro 155.2 million)
 
*   Overall gross profit in 2012 was down 18 percent to Euro 154.6 million compared to Euro 188 million in 2011.
 
*   Actual loss after tax came in at Euro 64.7 million, which is an improvement on the 2011 number of Euro 431 million.
 
Other negative developments included a decline in active player days and daily average player numbers of 23 percent, and a drop in new player sign-ups of 46 percent, although the company rationalises this by claiming that it is seeking higher value players in a "less players, more value" strategy.
 
The company's termination of some major affiliate contracts will also have had an effect.
 
Management reported that revenue for 2013 is now expected to be slightly lower than current market estimates, but hopes to offset this by cost cutting measures and greater efficiency, leading to a performance that will be up to expectations.
 
Current trading in the 10 weeks to March 11, 2013 has been impacted by the less than successful dotcom migration and increased focus on nationally regulated markets with an associated reduction in marketing spend; average gross daily revenue so far is down at Euro 2.4 million (Q4-2012: Euro 2.6 million).
 
Nevertheless, investors in the company can look forward to a dividend up 10 percent to 1.72 pence a share, making for a total FY 2012 dividend distribution of 3.44 pence per share.
 
Bwin.Party hasn't given up on poker, and says its plan to address the issue is on track with an improved poker ecology and more focus on attracting casual players rather than the experienced sharks.
 
Norbert Teufelberger, chief executive officer of the company, said:
 
“Our strategy is unchanged, but we are not relying on innovation alone to return our business to growth.  We are accelerating the pace of change by shifting our revenue mix towards nationally regulated and to-be-regulated markets.  This includes gearing up for a launch in the US, which now seems to be a more likely prospect within the next twelve months following recent events at state level.
 
“At the same time we are changing our approach to dotcom markets with increased focus on fewer but more valuable customers.  We are simplifying our business, moving from ‘volume’ to ‘value’, which we believe will allow us to further increase our operational efficiency. We expect this approach to generate significant additional cashflow to offset increased investment and taxes as additional markets regulate and also to fund growth in new business areas such as payments and social gaming.
 
“Our current trading in January and February was impacted by some user experience issues following the dotcom migration in December 2012, the impact of which was slightly higher than expected.  It was also impacted by decisions taken in January 2013 to increase our focus on nationally regulated markets and on high value customers.  The result was that gross average daily revenue was down 7 percent versus the fourth quarter of 2012 to Euro 2.4 million (Q4-2012: Euro 2.6 million).  However, Clean EBITDA margins for the same period are running higher than expected which has fully mitigated the revenue shortfall.
 
“The migration problems have now stabilised and while the user experience issues coupled with the actions taken to-date mean that 2013 total revenue is expected to be lower than current market estimates, associated cost savings mean that the Board remains confident about the full year result."
 
In related news, Reuters reports bwin.party digital entertainment's chief executive officer Norbert Teufelberger is confident on the company's prospects, buying 204 000 shares today (Friday) at a price of 143.34p. The Director now holds 12,502,427 shares.



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.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

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.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

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.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

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.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

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.

http://www.recentpoker.com