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Tain acquisition sees Betting Promotion return to profit

11th August 2014 6:24 am GMT

The reverse acquisition of online gaming technology provider Tain AB has helped sportsbook solutions supplier Betting Promotion return to profit, with net sales of its bookmaker product up 74 per cent in the second quarter.

Under the reverse acquisition, Tain serves as the parent company of the group, with comparative financial results referirng to Tain’s previous activities.

The company said that net sales increased from €204,000 a year ago to €2.27m in the second quarter of 2014, [...]

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