Record turnover for bwin sports betting

bwin Interactive Entertainment has reported gross gaming revenues of €127.2m for the second quarter of 2010, an increase of 34 per cent versus the corresponding period last year, benefiting once again from record turnover from the company’s core sports betting product.

Gross gaming revenues of EUR 127.2 million, or EUR 113.8 million excl. Gioco Digitale (Q2 2009: EUR 95.1 million)
Sports betting margin 7.2 % (Q2 2009: 5.9 %)

Net gaming revenues of EUR 100.4 million, or EUR 93.1 million excl. Gioco Digitale (Q2 2009: EUR 77.8 million)

Record number of active customers: 1,381,000 active and 360,000 new active real-money customers (plus 30.7% and plus 43.5% respectively)

EBITDA (adjusted*) of EUR 11.0 million (Q2 2009: EUR 15.1 million, or EUR 9.7 million excl. effects of German Soccer League marketing rights)

Result after tax of -EUR 2.8 million (Q2 2009: EUR 0.1 million)

* Excluding non-cash expenses in connection with share-based payment and one-off effects in connection with proposed merger.

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