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UK interactive gambling provider reports 50 percent rise in profits
The UK-based Sky Betting and Gaming subsidiary of BSkyB has reported positive annual financial results this week, with annual gross margins up 21 percent thanks to a strong performance from online gambling and mobile activities.
Sky Betting’s gross margins reached GBP58 million (2009:GBP48 million) and profits soared 50 percent compared with last year.
The company's mobile business has trebled over the past six months, and online operations overall recorded an impressive 80 percent growth, driven by extensive use of television, internet media and Google-oriented marketing. Mobile operations have even overtaken the interactive television activity of the firm, with iPhone usage booming thanks to a betting app. which almost 1.5 million users have downloaded.
However, interactive television could stage a come-back thanks to ambitious plans at BSkyB to launch broadband-enabled set-top boxes to households across the UK over the next 18 months.
Sky Betting's websites Sky Vegas, Sky Poker, Sky Bingo, Sky Bet and Oddschecker all reported healthy demand for services.
Poker Maximus comes to Lock Poker -
2.9.2012 : Kicking off on Sunday March 4th there will be a minimum of 3 events every single day finally wrapping up on the March 25th with a $200,000 Guaranteed Main event.
New game a football betting first claims company -
02/09/2012 : The UK Football League's exclusive data distributor, SIS, has in collaboration with Contagious Sports launched a new pool-based game which will for the first time allow bettors to bet into an in-running pool on live football matches to win jackpots.
VERNONS LAUNCHES UK MEDIA CAMPAIGN -
02/09/2012 : Vernon's recently launched British-facing online casino and poker room Vernons is launching an extensive television and social media campaign to capture a bigger slice of the market by creating brand awareness.
SECOND HEARING FOR UK ONLINE GAMBLING REFORM BILL -
02/09/2012 : A bill covering the taxation of offshore bookmakers introduced by Conservative MP Matthew Hancock was heard in the House of Commons earlier this week and has been given a second reading scheduled for March 30, 2012.
BETCLIC FILES COMPETITION COMPLAINT AGAINST PMU -
02/09/2012 : Online gaming company Betclic has filed a claim of unfair competition against Pari Mutuel Urbaine with the French Competition Authority, according to French journal Les Echos.
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