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Unibet Strong Growth
Unibet's Q4 results released this week show a healthy growth in revenues across all its activities, which to some extent ameliorates the impact on net profits of a foreign exchange loss of GBP 11.8 million over the final quarter and GBP17.9 million over the year.
The culprit was a Euro 100 million corporate bond used to purchase Maria Holdings, and the end result is a net loss of GBP 900 000 for the quarter, and a net profit for the year of GBP 8.8 million, substantially down from the GBP18.7 million recorded in 2007.
Gross winnings revenue came in at GBP34.9 million in the last quarter of 2008 and reached GBP123.4 million for the full year, up from GBP24.5 million and GBP81.4 million respectively over the corresponding periods in 2007.
"During the first six weeks of 2009 we still see a healthy growth in the business. This is why we reiterate that given the growth in the online gambling market it is difficult to determine what impact the actual financial situation in the world has on our business model," said CEO Petter Nylander.
Unibet Group, headquartered in Valletta, Malta, is one of Europe's largest gambling operators with over 3.1 million customers in over 100 countries.
Gambling News :
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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