2010-01-08 08:24:48 BETTING INCOME REPORT Q4 2009
(NGM:BETT)
Betting Promotion achieved a gaming turnover of 2 203 MSEK (2 592) and a net turnover after fees of 15.0 MSEK (27.4) in the fourth quarter of 2009. This leads to a gross margin of 0.68% (1.06).
"The fourth quarter has shown a vast improvement in margins compared to the third quarter and margins have returned to expected levels. It is extra satisfying to conclude that the margins for the live product have improved from previous quarters. We have been focusing a great deal of effort on this product and aim to increase turnover in this area. Our newly introduced bookmaking service has been met with positive response which gives us reason to look forward to the coming year with optimism," said Johan Moazed, Managing Director of Betting Promotion.
PRODUCTS
(For table sheet see attached file)
End of year report will be published February 25, 2010.
Malmö January 8, 2010
For further information, please contact:
Johan Moazed, CEO Betting Promotion Sweden AB.
Tel +46 40 611 84 94
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