Television cash shortfall leaves poker TV company out of the game
The company behind major televised poker tournaments in the U.S. and around the world lost $4.4m (£2.8m) in the third quarter of 2008.
WPT Enterprises Inc yesterday attributed much of the 36% drop, to $2.8m (£1.8m), to a 37% fall in U.S television license fees which brought in just $900,000 (£564,000) over the three months, mainly [...]
Restructured Sportingbet sees promise in rising turnover
Another online gaming site has reported improved revenues which go against the current air of doom and gloom on the stock markets. Sportingbet plc said turnover was up 24% to £1.36bn for the year to the end of July.
The total value of sports bets in Europe grew by 27.5% to £764.9m during that period, earning [...]
Profit Figures Slot in to Expectations for Finland’s State-Owned Gambling Player
By IAN EVANS
Finland’s State-owned slot machine association Raha-Automaattiyhdistys (RAY) has reported H1 net profits up by barely one per cent on last year. But the company says the €198.9m (£157.9m) rise, a 0.6% increase, is on target to fulfill its goal of “moderate growth” this year.
Gross profits from gaming reached €323.4m (£256.7m), up 0.7% on [...]