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Betting Promotion hopeful of return to profit with Tain acquisition

28th October 2013 9:08 am GMT

Swedish sports betting solutions provider Betting Promotion has labelled its third quarter performance as one of the worst in the company’s history after it incurred a net loss of €1.1m during the period.

Total betting turnover fell by 17 per cent to €132.8m compared to the same period last year, of which more than 93 per cent was generated from the company’s supply of trading solutions to betting exchanges.

Betting Turnover

Betting Promotion said the decline was due [...]

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