Bwin Reports Losses

Austrian bookmaker Bwin recorded losses of €12.8 million after tax in 2008. Increased expenses along with depreciation, amortisation and impairment charges were major reasons for negative results last year.

Nevertheless, the company looks very optimistic regarding  its future and expects to report increase in gross gaming revenues for the first quarter of 2009.

Related posts:

1. Sportingbet UK Focus Sportingbet is adjusting its marketing focus on UK. One of...
2. Bwin Sportsbook Still #1 According to eGaming Review Power 50 2009, Austrian Bwin sportsbook...
3. Australian Bookmakers Suffer Huge Losses Sportingbet Australia suffered a $1 million loss last weekend after...
4. Bwin Promotion For Confederations Cup Bwin launched new promotion for the Confederations Cup. The winner...
5. New Manchester United Sponsorship Deal New Manchester United sponsorship deal is finally settled. MU will...