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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.
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With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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