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The Swedish online betting exchange Betting Promotions Sweden A.B.
 October 27, 2008, 9:55 am (3 years ago)The Swedish online betting exchange Betting Promotions Sweden A.B., has revealed a net income loss throughout January to September 2008, indicating earnings of SEK 50.5 million throughout the same period in 2007 declining to SEK 31 million this year.
The temporary report shows that operating revenue stood at SEK 14.9 million Swedish kronas at end September this year, with an operating margin of 48 %. In 2007, operating profit was SEK 38 million and the operating margin was at 75 %.
Betting Promotion Sweden AB is devoted in the gambling business, and manages an automated trading system, specializing in 23 disciplines in the sport betting part, with its main clients the Internet-based betting exchanges. The company has 2 affiliated companies: Permac Ltd, which is integrated in Cyprus and is a solely managerial body which holds the intellectual capital of the company, and Betting Promotion Teknik Malmo AB, which is integrated in Sweden and is in charge of the expansion of the company’s technology.
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