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bet365 annual net profit climbs 49% as mobile channel soars

14th July 2014 7:21 am GMT

Online gaming operator bet365 has recorded an operating profit of £320.9m for the financial year ended March 30th, with strong growth in its mobile offering helping turnover surpass the landmark £1bn barrier.

The company posted turnover of £1.37bn for the year, of which £1.28bn was generated from sports betting and gaming activities, and £86.7m earned through Stoke City Football Club, of which the operator is the sole owner. This represented a 38 per cent year-on-year rise [...]

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