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Unibet shares hit 52-week high after strong Q1 growth

9th May 2012 8:08 am GMT

Sweden’s Unibet Group plc has reported a 36 per cent increase in gross winnings revenue to £51.1m ($82.6m) for the first quarter of 2012, following strong growth in the company’s sports betting and online casino products.

Sports betting generated gross winnings revenue (GWR) of £24.4m during the quarter, an increase of 58 per cent compared to the same period last year, following a 28 per cent improvement in betting stakes to £297.0m.Excluding [...]

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