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Gambling: Entraction Doubles Profit
Online gambling group Entraction has released an impressive set of half year 2009 numbers, showcasing operating profit that has soared 122 percent to SEK 27.3 million, and EBITBA up an impressive 81 percent to SEK 33.8 million.
The H1 statistics show a 45 percent increase in net sales to SEK 227.8 million, although observers pointed to a slower second quarter where net sales 'only' rose 37 percent over Q2 2008.
The company reported continuing success in diversifying into non-Nordic markets - mainly Italy and Spain - with Nordic contributions shrinking from 65 percent to 55 percent.
“We continue to show a highly positive cash flow, which gives us freedom of action and security in a changeable world,” remarked CEO Peter Åström, who added that Entraction will launch online bingo with at least five licensees during the northern hemisphere autumn, which will develop higher volumes.
Entraction also plans to launch a new live betting product in partnership with Evolution Gaming in Q1 2010.
Gambling News :
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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