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bwin.party revenue dips to lowest level in more than three years

21st May 2013 8:51 am GMT

bwin.party digital entertainment has reported a 17 per cent drop in total revenues to €180.2m for the first quarter of 2013, with full year revenues expected to be down by as much as 10 per cent compared to last year.

The Q1 revenue figure is the company’s weakest quarterly performance in more than three years, since the third quarter of 2009.

bwin.party said the revenue drop reflected the introduction of a 5 per cent turnover tax on [...]

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