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Sportingbet’s Australian growth offsets European decline

8th August 2012 9:15 am GMT

Sportingbet said Wednesday that it expects full year results to be in line with market forecasts, despite reporting a 41 per cent drop in net gaming revenues from the company’s European business.

In a trading update for the fourth quarter ended July 31st, Sportingbet said that its European business has continued to face challenging economic conditions, with the company forced to suspend operations in its largest market in Europe, Spain, for the first 35 days of [...]

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