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Poker slump continues as Entraction Q3 revenues fall 22%

10th November 2010 9:52 am GMT

Sweden’s Entraction AB has posted its worst quarterly performance in more than two years as the company reported a 22 per cent drop in net sales to SEK77.0m (€8.3m) for the third quarter of 2010.

Entraction said the revenue decline was a result of the “seasonally weak” period, currency exchange losses and the closure of Cardroom2. Excluding these, net sales were down 6 per cent year-on-year, the company said.

Net sales from poker fell by 33 per [...]

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