Monday September 19,2011 : Stellar growth over past three years despite recession
Online gambling companies, GameAccount Network and Bet365, have made it in to "The Sunday Times Tech Track 100" league table ranks this year.
Tech Track 100 rates Britain's fastest growing, privately-owned telecoms, technology and media companies published annually every September in its league table in The Sunday Times.
Internet gaming software developer GameAccount Network was ranked 29th on the table this year with sales growth of 76 percent a year from GBP 2.8 million in 2007 to an annualised GBP 15.1 million in 2010.
A delighted Dermot Smurfit, managing director, GameAccount Network said: “Due to the hard work invested by all employees of GameAccount Network, our monumental software engineering skills, burgeoning games portfolio, wide-reaching Platform deals and consequential fast-growing sales, we are proud to have been nominated and win a place in this year's top 100 fastest-growing UK technology companies."
The Coates-family-owned online gaming operator bet365 came in at 67th position with a turnover of GBP 501 million in 2011 up 47 percent a year from 2008. The 2011 table listed Bet365 with the biggest pre-tax profits of GBP 93 million.
Father and daughter, Peter and Denise Coates were also acknowledged in 90th position nationally on “The 23rd Sunday Times Rich List 2011” published in May this year