Swedish online gaming operator Redbet Holding AB has reported a 10 per cent fall in revenues to SEK17.2m for the first quarter of 2011, with last year’s cost-cutting measures helping the company to record a net profit for the second consecutive quarter.
Revenues were up 1 per cent versus the previous quarter, with growth in sports betting and casino offsetting a decline in online poker.
Redbet said that the revenue distribution between its products are now more [...]
