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Interwetten sees H1 profit rise despite higher marketing spend

15th July 2016 9:15 am GMT

Malta-based gaming operator Interwetten has reported a 29 per cent increase in gross gaming revenue to €32.8m for the first half of 2016, with a 13 per cent rise in net profit for the period.

Revenue growth was driven by the operator’s mobile channel, which contributed 63 per cent of sportsbook and 46 per cent of gaming revenue in June.

The company said that the recent launch of its new live score app, Interwetten LIVE, has already seen thousands [...]

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