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UNIBET TURNS IN STRONG QUARTER 4 PERFORMANCE

02/19/2012 : Revenues up by 26 percent to GBP 44.7 million – lifts full year numbers
 
The European internet gambling group Unibet plc has posted a strong Q4-2011 performance, with gross winnings revenue revenue up by 26 percent to GBP 44.7 million, continuing Unibet’s recovery from a weak H1-2011 and lifting revenues for the full year 5 percent to GBP 154.4 million (FY-2010 GBP147.5 million).
 
Other highlights included:
 
·     Profit from operations amounted to GBP 12.1 (9.6) million for the fourth quarter of 2011 and GBP 38.8 (34.2) million for the full year 2011.
 
·     Profit before tax for the fourth quarter of 2011 amounted to GBP 11.9 (9.2) million. Profit before tax for the full year 2011 amounted to GBP 38.1 (33.8) million.
 
·     Profit after tax for the fourth quarter of 2011 amounted to GBP 11.3 (10.0) million. Profit after tax for the full year 2011 amounted to GBP 35.5 (32.4) million.
 
·     Operating cash flow before movements in working capital amounted to GBP 15.0 (11.7) million for the fourth quarter 2011 and GBP 48.5 (44.5) million for the full year 2011.
 
·     Number of active players at the end of the quarter was 400,697 (308,872).
 
·     The group successfully completed the acquisition of Solfive for a total cash consideration of GBP 8.1 million (see previous InfoPowa reports).
 
“We are very satisfied to announce another quarter with strong organic growth," said chief executive Henrik Tjärnström.
 
"Our focus on core markets continues to deliver excellent results with all time high revenues for the Nordic region and this growth has been achieved across both the Unibet and Maria brands. The sustained positive development we have seen in the products offered under the Maria brand continued strongly in this quarter, so that Maria delivered an all time high for both the quarter and the full year.
 
“During the first six weeks of 2012 we have seen continued good growth both in terms of revenue and customer registration. We also see encouraging growth in customer intake in Denmark."
 
Tjärnström said that pursuant to Unibet's acquisition strategy, the company had made two strategic investments to broaden the geographical and product range, one in France (Solfive) and one in Australia (BetChoice).
 
"This combined with our developments towards local licences such as our new Danish licence, is rapidly transforming Unibet into a leading regulated market player,” he claimed.



Gambling News :

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

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.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

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.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

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.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

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.

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