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Higher expenses lead bwin to Q3 net loss

18th November 2010 9:21 am GMT

Despite posting a 14 per cent increase in net gaming revenues to €95.3m, Austria’s bwin Interactive Entertainment AG said Thursday that the company incurred a consolidated net loss of €6.0m for the third quarter of 2010 after expenses increased by more than one third compared to last year.

bwin said that net gaming revenues (NGR) were up by 14 per cent year-on-year to €95.3m, with strong growth across all of the company’s business segments except casino. Sports [...]

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