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Unibet shares hit 52-week high following strong Q4

15th February 2012 9:33 am GMT

Sweden’s Unibet Group plc has reported a 5 per cent increase in gross winnings revenue to £154.4m for the year ended December 31st, following a strong performance during the fourth quarter from the company’s casino and sports betting products.

Gross winnings revenue (GWR) for the fourth quarter increased by 26 per cent to £44.7m, continuing Unibet’s recovery in 2011 following a disappointing first half of the year which saw revenues fall 11 per cent.

The company benefited [...]

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