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The Weather Lottery Cuts Losses
Friday January 11, 2013 : THE WEATHER LOTTERY CUTS LOSSES
Loss-making gambling interests restructured
The Weather Lottery, which made a big splash in online sports betting with UK football clubs two years ago but then fell upon hard times, has managed to reduce its losses, according to latest published results.
The AIM-quoted firm said its full-year loss was reduced to GBP 291,000, from GBP 789,000 a year earlier, even though its turnover fell during the period.
During the 12 months to July 31, 2012, the company's turnover fell 15 percent to GBP 1.14 million after the elimination of loss-making gambling activities.
The company said its lottery business had made a profit of GBP 238,000 and has good prospects for the future, but its gambling activities had been substantially restructured.
A new arrangement with Nottingham City Council for the Soccerdome site should provide a more attractive future for this business, The Weather Lottery said in a statement.
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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