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Unibet Shares Slump on 2010 Earnings Revision

5th May 2010 8:58 am GMT

Unibet Group plc has reported gross gaming revenues of £41.8 million for the first quarter of 2010, an increase of 16 per cent versus the same period last year, with strong growth from the company's sports betting and casino products offsetting a more than 40% fall in poker revenues. Shares in the company slumped however as it warned that last year's EBIT figure was unlikely to be exceeded this year.

Unibet said that gross gaming revenues [...]

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