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bwin.party sportsbook margins hit by adverse sports results in H1

9th July 2015 8:11 am GMT

bwin.party hailed the growing contribution from its mobile product suite and growth in sports volumes in a trading update Thursday, but said that poor sporting results had led to a decline in gross win margins for the first six months of the year.

The operator said that sports turnover had grown versus a year ago, despite the contribution from the FIFA World Cup last year. However, poor sporting results in the period drove down gross win [...]

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