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EBITDA up 33 percent, and turnover at BetInternet grows by 40 percent

Webis Holdings, which owns the sportsbetting site BetInternet.com has released preliminary results for the year to end May showing a 33 percent increase in EBITDA - up at GBP 215000, compared to last year's GBP 162 000, and group turnover rising to GBP 117.2 million (2007: GBP 86.9 million).
 
Operating profit reached GBP 34 000, a solid turnaround from last year's loss of GBP 33 000 in 2007.
 
The Betinternet.com sportsbook recorded turnover up 40 percent to GBP 86.8 million (2007: GBP 62.1 million) which management attributed to a larger investment in European marketing activities. This had also had a positive impact on revenues achieved by its two online casinos and fixed-odds games, which accounted for 66 percent of the sportsbook's total revenues for the period.
 
Subsidiary European Wagering Services’ pari-mutuel business saw turnover rise by 23 percent to GBP 30.4 million (2007: GBP24.8 million), boosted by a significant improvement in performance in the second half of the period, which saw the resolution in November 2007 of US-related payment issues.
 
The company revealed that it has upgraded and relocated its sportsbook hardware facility to a purpose-built facility on the Isle of Man, and launched its redesigned link2bet.com website in September 2008.
 
Webis chairman Denham Eke said: “The improved trading performance for the period is a direct result of the board's strategy for the company in a number of different areas including marketing activity, IT systems, capital expenditure and the ongoing identification of cost-savings. Trading for the first quarter of the current financial year was ahead of expectations and I look forward to reporting further progress in due course.”



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Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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