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BWIN.PARTY 2010 RESULTS
Written on 5/31/11 :
Recently merged gaming giant looks forward with confidence
Gibraltar-based bwin.party digital entertainment has issued its first annual report combining the results of consortium members Party Gaming and bwin and revealing some interesting statistics.
Key performance indicators for the full year 2010 period:
Sportsbetting - (Key Brand: bwin)
- 2010 net gaming revenue Euro 258.6 million
- Amount wagered in 2010 Euro 3.9 billion
Casino and Other Games - (Key Brands: PartyCasino and bwin Casino)
- 2010 net gaming revenue of Euro 241 million
- Amount wagered in 2010 - Euro 8.2 billion
Poker - (Key Brand: PartyPoker)
- 2010 net gaming revenue Euro 226.3 million
- Amount wagered in 2010 Euro 11.7 billion
Bingo - (Key Brands: Foxy Bingo, Cheeky Bingo, Party Bingo)
- 2010 net gaming revenue - Euro 71.3 million
Company total pro forma revenue of Euro 830.1 million
Profit After Tax of Euro 50.4 million (2009: Euro 27.6 million)
bwin.party digital's geographical performance indicators report that Italy made up 10 percent of the company's revenue with an estimated 13 percent market share in the Italian sports betting market and 36 percent of that country's bingo market.
The French market brought 6 percent revenue to the company with both its French poker networks commanding an approximate 20 percent market share.
The German market contributed 23 percent to the company's revenue and bwin.party remains optimistic that a pragmatic and commercial framework will prevail for the future.
Looking ahead co-ceo's Norbert Teufelberger and Jim Ryan believe four key areas will assure the companies growth moving forward which comprise; Regulated and to-be-regulated markets, technology and brand development, long-term strategic alliances and responsible e-commerce practice.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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