(NGM:BETT)
Betting Promotions gross margin for the first quarter of 2008 has been lower than expected. The gross margin for the first quarter is approximately 0,30%.
The betting turnover rose by more than 30% during the quarter to approximately 3 600 MSEK (2 655). The nature of the business is such that the gross margin varies between the quarters. The company sees no change in the long term profitability.