Unibet Delivers Another Strong Performance

UNIBET DELIVERS ANOTHER STRONG PERFORMANCE

07th August, 2014 at 05:40:47
Source: http://www.azonlinecasinos.com

Unibet's Q2 earnings up 38% to £ 16.7 million on the back of revenues of £ 77.1 million.

The Unibet online gambling group has delivered another sterling set of results for Q2-2014, reporting:

* Earnings up 38% to £ 16.7 million

* Revenue up 24% to £ 77.1 million.

* Active customers up more than 33% quarter-on-quarter at 610,000.

* World Cup football betting made up £ 16 million of the company's £ 31.9 million Q2 overall sports betting revenues.

* Mobile wagering contributed 47% of overall sportsbook revenue, and live betting delivered 64.6% of turnover.

* Continued success in Western Europe, which provided £ 16.2 million, or over half sports betting revenues - almost doubling in terms of y-o-y growth.

* Nordic activity rising - up 22% to £ 12.2 million.

* On the negative side, Central, Eastern and Southern European markets declined 21% to just £ 2.6 million.

* Gaming business (including online casino and poker) increased by 15% to £ 45.2 million, but the poker element lagged, declining 45% y-o-y to £ 1.7 million, a situation the company hopes to reverse with a new standalone poker offering designed strongly for the recreational player.

Current trading reported by the company shows an increase in revenue of 7% over the second quarter average despite a massive Mega Fortune win of Euro 5.8 million on early in July (see previous reports).

Related News Tags:



« News index »



STAKE LOGIC DARTS HEROES LAUNCH WITH KINDRED GROUP

21st March, 2017 at 14:44:19
Darts pros meet super heroes.

KINDRED GROUP STATES INTEREST IN DANSKE SPIL ACQUISITION

27th February, 2017 at 22:47:21
But Danish Government not ready to commit.

EXPECTATIONS MOUNT ON SWEDISH ONLINE GAMBLING CHANGES (Update)

27th February, 2017 at 09:44:57
Will the new regulatory system by similar to that deployed by the Danes?

KINDRED GROUP TO ACQUIRE 32RED GROUP

23rd February, 2017 at 08:37:42
Former Unibet online gambling group prepared to spend GBP176 million on deal.

KINDRED GROUP SOARS IN UNAUDITED 2016 RESULTS

16th February, 2017 at 05:03:31
Achieves a series of all-time-high's.