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Betbull reduces loss following 2010 revenue growth

4th April 2011 8:14 am GMT

With a renewed focus on its retail betting business in Germany, Betbull Holding SE has reported a 14 per cent increase in net gaming revenues to €14.6m for the year ended December 31st 2010, despite a decline in betting stakes during the period.

Betbull said that betting stakes fell 7 per cent to €77.2m as a result of the difficult trading conditions in its core market of Germany. The company said however that it benefited from [...]

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