BAD NEWS AT 24HPOKER

18 May 2007

Shares slide on weak first quarter results

Shares in the Scandinavian focused online poker provider 24hPoker Holdings AB took a 19 percent dip this week on weak first quarter results.

The Swedish company's net income slumped to around SKR100 000 from SKR 9.1million in the same period last year as fewer active customers used its online poker network.

24hPoker Holding AB is a gaming group based in Solna, Sweden that develops proprietary software systems for online gaming operations through its subsidiaries 24hPoker AB and B2B Poker AB and operates a poker network. There are believed to be some 97 sites on the network.

Online Casino News courtesy of InfoPowa


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