Finance news sponsored by SBTech

One year on from the introduction of the Germany State Treaty on Gambling, the German Lotto and Toto Block (DTLB), a union of the country's 16 national lottery operators, has revealed that the amount spent on lottery games and sports betting products increased by 2.9% to €6.72 billion during 2009, despite the economic crisis impacting customer spend.

French gaming operator FDJ has said that the occurrence of three Friday the 13th's in 2009 helped it to generate an additional €200 million in revenues, which coupled with a broader gaming offering, saw the company achieve total revenues of €9.99 billion, an 8.6% increase on the previous year.

Benefiting from the expansion of its casinos business, Rank Group plc said Friday that revenues for the 52 week period ended December 27th had increased by 3% despite revenues from the company's online gaming division, Rank Interactive, falling 4% year-on-year, making it the only business segment to record a fall in revenue during the year.

Posting the company's twelfth consecutive year of growth, French betting operator PMU has recorded a marginal increase in turnover to €9.30 billion for 2009, following a strong performance from its online offering which helped to offset a decline in land-based revenues.

Looking to pursue future business development opportunities, New Football Pools operator Sportech plc has agreed a revised £90.75 million banking facility with its lending bank, Lloyds Banking Group, providing the company with the flexibility to develop its own business as well as providing for any future acquisition opportunities.

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