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Impairment charges hit bwin.party’s 2011 bottom line

29th March 2012 8:42 am GMT

bwin.party digital entertainment plc has reported a 0.2 per cent increase in total revenues to €816.0m for the full 2011 year, with growth from the company’s casino and games offering, as well as a marginal improvement in sports betting revenues, offsetting a decline in poker and bingo.

Revenues from casino and games (which now includes backgammon) grew by 9 per cent despite the closure of the company’s French casino business which generated revenues of €7.5m in [...]

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