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Good performance By Jaxx
Sunday, October 30, 2011 : ONLINE SPORTS BETTING BOOSTS JAXX
Good performance in a traditionally quieter period
German gaming company JAXX SE announced one of its best sets of trading results to date during its third quarter, boosted by a 50 percent growth in its online sportsbetting business.
Key performance indicators for Q3/2011 include:
- JAXX Group EBIT totalled Euro 1.0 million (Q3/2010: Euro -1.5 million)
- Revenue from continuing operations improved by around 23 percent to Euro 13.3 million (Q3/2010: Euro 10.8 million).
- Online sports betting business reflected a year-on-year growth of approximately 50 percent.
Stefan Hänel, Finance Director of JAXX SE, commented: "In general the third quarter is one of the betting industry's weakest periods due to football's close season. That makes it all the more pleasing that we have managed to turn results around despite the difficult conditions. We are now looking to the fourth quarter with confidence and aiming for a further improvement in profitability."
Betradar Launches US Sports Betting Solutions -
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.<
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