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Increased advertising impacts bet-at-home’s net profit in Q1

8th May 2012 7:55 am GMT

BetClic Everest Group subsidiary bet-at-home.com has reported a 16 per cent increase in net gaming revenues to €18.9m for the first quarter of 2012, with further investment in advertising continuing to impact the company’s bottom line.

Betting and gaming turnover rose by 24 per cent to €527.7m during the quarter, generating gross gaming revenues of €21.1m, up 15 per cent compared to the same period a year ago.

First quarter results

Net gaming revenues were up 16 per [...]

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