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JAXX benefits from sports betting growth in Q3

12th November 2010 9:30 am GMT

While the company looks to increase its focus on the German sports betting market and cease further investment in the lottery segment, JAXX SE said Thursday that revenues for the third quarter of 2010 increased by 14 per cent to €29.4m, with sports betting now accounting for 79 per cent of total revenues.

Sports betting revenues increased by 23 per cent to €23.1m during the quarter, despite the summer break in European football leagues leading to [...]

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