Interwetten Enjoys A Good Q2 -2016

Online casino operator reports net profit up Net profit up 13 percent at Euro 5.7 million

The Malta-licensed online casino and sports book operator Interwetten has published positive Q2-2016 and half-year numbers highlighting:
* Q2 GGR up at Euro 16.9 million, whilst GGR for the half-year reached Euro 32.8 million – up 29 percent;
* Revenue during the Euro 2016 football championship rose 35 percent compared to the FIFA World Cup 2014, which had had 13 more games;
* Half-year revenue from sports betting was up 93 percent y-o-y;
* Online casino revenue increased 40 percent in June compared with the corresponding period last year, with mobile operations delivering a major contribution; in the case of online casino 43 percent and from sportsbetting 63 percent.
* Group half-year EBITDA rose 13 percent y-o-y to Euro 6.7 million, with net profit up by a similar amount to Euro 5.7 million.
* Interwetten has expanded the casino games inventory by bringing on-board providers like Elk Studios, Playson, Yggdrasil, and Quickspin, boosting a gaming suite that now offers over 800 desktop and 400 mobile gaming titles.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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