bwin.party digital entertainment said Friday that it now expects full year revenues to fall by as much as 17 per cent compared to 2012 levels, after posting a 16 per cent drop in revenues to €342.5m for the first half of 2013.

The full year decline is expected to be greater than first anticipated, with the company stating earlier this year that revenues would be reduced by up to 10 per cent.

In its half year report released this morning, bwin.party revealed that its performance and revenues were behind “where it expected to be”, partly as a result of external factors as well as operational challenges associated with its dotcom migration at the end of last year.

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