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Gaming VC Warns of Worse Ahead as 2009 Profit Falls

19th April 2010 8:52 am GMT

Despite strong growth from its Betaland brand, Gaming VC said Monday that full year net profit for 2009 fell by 19% versus the previous year, warning that the result for 2010 is expected to be even lower still.

Gaming VC said that CasinoClub revenues fell by 19% to €29.6 million as a result of the impact of challenging economic conditions during the first half of the year as well as the severe restrictions on its ability [...]

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