Sweden’s Redbet Holding AB has reported a narrowed operating loss of SEK4.1m for the third quarter ended September 30th 2010, attributable entirely to cost savings, with revenues in the period continuing their downward spiral.
The company said Friday that operating income in the third quarter fell by 39 per cent versus the same period last year to SEK14.3m as a result of lower spend on poker, casino and sports betting - despite a 58 per cent [...]