Casino News: Italian online gambling shows outstanding achievement

Italian online gambling shows outstanding achievement

 May 6, 2009, 8:37 am (2 years ago)
Microgame SpA has revealed an impressive augment in total income of 456 % on income boost of 12 % to Euro 490 million for the entire year completed December 31st 2008.

Total income added up to Euro 85 million - up 456 % on its 2007 number of Euro 15 million. Net income of Euro 4.7 million was reported, up from 2007’s Euro 3.1 million, with gross operating margin hitting Euro 7.6 million, up 42 % on 2007’s Euro 5.4 million.

Management stated that the achievement was due to a 2008 development program which saw the Italian company complement sportsbetting operations with the inclusion of skill, poker and bingo gaming, following the signing of contracts with Austrian skill games company Funworld and Canadian bingo software developer Parlay Entertainment.
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