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Sports betting leads the way for Sportingbet in Q1

24th November 2010 9:09 am GMT

Sportingbet plc has reported net gaming revenues of £51.1m for the first quarter ended October 31st 2010, an increase of 5 per cent compared to the same period last year, benefiting from significant growth in the company’s Australian sports betting product and the successful launch of its mobile offering.

Amounts wagered on sports betting in Europe increased by 12 per cent to £295.4m during the quarter, generating net gaming revenues (NGR) of £28.3m, up by 4 [...]

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