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Written on 5/31/11 :

Recently merged gaming giant looks forward with confidence
Gibraltar-based 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) 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 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.

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Gambling News :

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

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PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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