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BlueBet slips to first half loss as marketing costs triple

1st March 2022 10:40 am GMT
BlueBet

Sydney-listed online sports betting operator BlueBet Holdings has reported a 62 per cent increase in turnover to AUD$264.5m for the first half period ended 31 December 2021.

Turnover exceeded the company’s forecasts by 21 per cent as the operator continued to take market share in Australia and prepared to enter the US sports betting market.

This helped net win for the six-month period increase 68 per cent year-on-year to $28.6m, buoyed by a 76.5 per cent rise [...]

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