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Growth in sports betting unable to lift bwin.party in first half

29th August 2014 8:10 am GMT

bwin.party digital entertainment has recorded a loss of €94.0m for the first half of 2014 as total revenue fell 7 per cent and the company was forced to incur significant impairment charges relating to intangible assets within poker and social gaming.

Total revenue fell to €317.1m for the six month period, with sports betting the only product to post a year-on-year increase.“Trading during the first half of 2014 was mixed with a solid performance from [...]

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