Despite posting a 6 per cent decline in total revenue to €296.5m, bwin.party digital entertainment said Friday that it had made progress on its non-core assets disposals and other cost saving initiatives, helping the company record a profit for the first half of 2015.

The company said that the year-on-year revenue decline reflected the absence of a major football tournament, lower margins in sports, market declines in poker and the impact of VAT in certain European markets.

Revenue from all of the operator’s major product verticals were down versus a year ago, with poker suffering the biggest decline, down 23 per cent to €33.9m.

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