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bet365 confident of long-term profitability in Australia

4th August 2016 7:09 am GMT

Online betting operator bet365 has revealed an annual loss of AUD$10.9m from its Australian operations, despite posting a 64 per cent increase in revenue for the year ended March 27th.

Hillside (Australia New Media), which trades as bet365, reported a 21 per cent increase in amounts wagered to $2.5bn for the year.

“Customer numbers increased from the previous financial period demonstrating that the product offering is gaining momentum in the market, supporting the directors’ view that over [...]

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