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Redbet revenues sink as restructuring takes priority

31st August 2010 8:25 am GMT

Sweden’s Redbet Holding AB has reported gross gaming revenues of SEK16.5m (€1.75m) for the second quarter ended June 30th 2010, a fall of 35 per cent versus the same period last year, as the company continues to focus efforts on downsizing and restructuring.

Online poker accounted for 47.5 per cent of revenues during the quarter, with casino contributing 16.2 per cent, betting 25.9 per cent and bingo 0.1 per cent. Other services contributed the remaining 10.4 [...]

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