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Great achievement from Bwin
February 8, 2009, 8:40 am (2 years ago)The giant Vienna-listed online gambling group Bwin has managed a respectable entire year and even final quarter performance in spite of the difficult financial times, indicating record total gaming profits of Euro 420.9 million, a 19 % boost throughout 2007's Euro 353.1 million.
Performance in the last quarter also resisted the economic slump period, with total gaming profits increasing 15 % to Euro 117.7 million, up from the Euro 102.2 million reached throughout the same period in 2007.
The key performer for Bwin was once again its sportsbetting businesses, where a record went up in total profits of 21.1 % throughout the year saw it hit Euro 235.4 million bringing a sports betting margin of 8 %. Running counter to the lower trend in other companies, Bwin's poker income as well went up 14.2 % throughout the year to hit Euro 94.2 million, whilst online casino income increased 4.3 % to Euro 94.2 million.
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