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Leisure & Gaming Raises More Cash
Land and online gambling firm Leisure & Gaming revealed this week that trading for the first half 2008 has been in line with market expectations and continues the profitable growth of the company.
The company reported that it has raised GBP 553 000 via a share placing of 9.22 million new shares at 6p, proceeds from which will be used to obtain an Italian online licence and to make further improvements to the group's operating platform.
The betting and gaming group said that for the six months to June 30th it saw a gross profit of Euros 3.4 million versus 1.2 million for the same period last year with an estimated EBIT of Euro 1.2 million compared with a Euro 1.4 million loss last year. Net win of Euros 12.8 million was down compared to the Euros 13.9 million for the equivalent period in 2007.
"We will continue to make operational improvements over the quieter summer months and look forward to the start of the football season and a strong fourth quarter, which historically yields the highest trading volumes,' CEO, Henry Birch, said in a statement.
The company added it expects to have its full estate of Italian shops operating under new Bersani licences open by the start of the football season and anticipates being able to offer online poker throughout its retail network and to Italian online customers before the end of the year.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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