Interwetten Lauds 2016 Results

Targets top five Central European online gaming operator positioning in 2017

Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform and targeted marketing.
Key performance indicators for the 12 month period, ending December 31, 2016 include:
– Gross gaming revenues of Euro 68.4 million, up 23.6 percent.
– A 29.2 percent increase in betting turnover to Euro 1.2 billion.
– EBITDA of Euro 16.9 million, representing growth of 15.3 percent.
"We are very happy and proud, that our strategy of strongly investing in our unique sportsbook and platform, which is completely developed in-house and independent of third party suppliers, is strongly honored by online betting and gaming customers in Continental Europe," a spokesperson for the Interwetten's board of directors commented.

Online Casino News Courtesy of Infopowa

About the Author... Total Posts Written: 9,461


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.

See More Posts