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JAXX targets further growth after record Q4

31st January 2011 10:11 am GMT

Following an increased focus on its sports betting business, Germany’s JAXX SE said Monday that revenues for the fourth quarter of 2010 increased by 10 per cent year-on-year to €41.0m, a record quarterly high for the company.

JAXX said that the growth was driven by its sports betting product, as part of the company’s new strategic focus on the business.

Despite the growth in revenues however, EBIT from continuing operations amounted to a loss of €1.5m during [...]

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