Strong Online Casino Results For Redbet Holdings

STRONG ONLINE CASINO RESULTS FOR REDBET HOLDINGS

26th August, 2012 at 06:15:50
Source: http://www.azonlinecasinos.com

Internet casino action contributed 45% of revenues

Swedish online gambling group Redbet Holdings has posted an improved set of FY results showing revenues up 59% to SEK 24.5 million year-on-year, and operating profit back in the black - from a loss of SEK 1.6 million last year to a SEK 500,000 profit this.

Online casino performance, in part using Microgaming's Quickfire software, was especially notable, increasing the division's contribution to revenues from 30% to 45 percent.

Player registrations soared from last year's 198,274 to 346,090, with active customers reaching 43,376 - an impressive increase from last year's 20,953.

The group's operations include Redbet, Whitebet, Heypoker, Optibet, Total Poker and Gold Club Casino.

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