2009-07-03 08:25:37

BETTING INCOME REPORT Q2 2009

(NGM:BETT)

Betting Promotion achieved a gaming turnover of SEK 2,007 million (2,534) and a net turnover after fees of SEK 9.6 million (6.9) in the second quarter of 2009. This leads to a gross margin of 0.48% (0.27).

“The gross margin for the quarter was lower than expected. This is partly explained by the second quarter usually being a period of high volatility. Higher volatility is caused by many of the soccer leagues coming to an end and because major championships are played during this period. When analyzing the year following the changes implemented in the trading models it is satisfying to note that on a rolling yearly basis we have achieved a net turnover after fees of SEK 69.8 million leading to a gross margin of 0.81%”, said Johan Moazed, Managing Director of Betting Promotion.



MARKET SEGMENTS

Betting turnover(SEK million) Net turnover After fees(SEK million) Gross Margin(%)

Soccer 1,398 7.4 0.53
Live 320 1.3 0.40
Other 288 1.0 0.33
Totalt 2,007 9.6 0.48


Interim report Q2 2009 will be published July 24, 2009.


Malmö July 3 2009


For further information, please contact:
Johan Moazed, CEO Betting Promotion Sweden AB.
Tel +46 40 611 84 94
DOWNLOAD COMPLETE DOCUMENT