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Sportingbet revenues hit by European decline in Q3

30th May 2012 7:29 am GMT

Sportingbet plc has reported a 21 per cent fall in net gaming revenues to £43.4m for the third quarter ended April 30th, following the sale of the company’s Turkish language business last year and the suspension of its Spanish business during the quarter.

Total amounts wagered increased by 10 per cent to £555.9m following growth from the company’s operations in Australia which saw amounts wagered climb 78 per cent to £369.1m.

As a result net gaming revenues [...]

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