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Sportingbet buoyed by sports betting growth in Q2

24th February 2011 9:12 am GMT

Sportingbet plc has reported total revenues of £56.8m for the second quarter ended January 31st 2011, an increase of 8 per cent versus the corresponding period last year, with strong growth in the company’s online sportsbook offsetting further declines in its online gaming products.

Amounts wagered on sports betting in Europe increased by 16 per cent to £337.7m, generating net gaming revenues (NGR) of £29.5m, up 4 per cent year-on-year. The company said that the relatively [...]

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