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bwin.party hit by Q1 decline in sportsbook & casino revenue

21st May 2015 8:09 am GMT

bwin.party digital entertainment has reported a 6 per cent drop in total revenue to €155.3m for the first quarter of 2015, following double-digit declines across its sports betting, poker and casino product offerings.

The operator said that a lower than expected gross win margin in sports betting and continued challenges in poker held back its year-on-year revenue performance during the period, although total revenue up by 6 per cent versus the previous quarter.

Q1 2015 [...]

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