Leading online gaming operator bet365 has revealed that it generated an operating profit of £448.3m for the year ended March 27th, after seeing overall turnover increase by 5 per cent.

Overall turnover rose to £1.55bn, with the company noting that it continued to benefit from a number of product-enhancing developments and investment during the period. Its in-play betting product performed well and represented 72 per cent of sports revenue, aided by an expansion of live football betting offers.

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