CASINO RESULTS SHINE IN ENTRACTION HALF YEARLY
29 August 2008
Profit from loss at Swedish betting firm
Entraction, the Swedish betting group formerly known as
24hPoker has joined the growing number of public
companies reporting good online casino results. In its
half yearly report this week casino revenues were the
stars of the reporting period, showing a gain of 285
percent to SEK 26.3 million (H1 2007: SEK 6.9 million)
The group's net profits rose to SEK 15.8 million for the
six months to June 2008, up from a loss of SEK 11.1
million for the same period in 2007. Net sales rose to
SEK 157.1 million (SEK 106 million in H1 2007) with
operating margin up a healthy 10.5 percent (in 2007
margin was in negative territory at -11.3 percent).
Online Casino News courtesy of
InfoPowa
More news here.
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