Results 1 to 3 of 3
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    3,578
    Thanks
    292
    Thanked 1,487 Times in 900 Posts

    Default Sportingbet PLC reports annual loss

    Despite reporting an annual loss after losing more than 75 percent of its business due to UIGEA, Sportingbet PLC is still optimistic about its future.

    Sportingbet reported a loss of 312.9 million pounds (US$637.5 million, 449.5 million) for the year ending July 31. In the year-earlier period, it posted a profit of 69.2 million pounds. Revenue fell 36 percent to 1.32 billion pounds (1.9 billion; US$2.69 billion) from 2.06 billion pounds.
    But the company, which lost over 75 percent of its business when U.S. legislators outlawed credit card-based online gambling in October 2006, said it was pleased with results from its continuing operations.
    Read the AP report here:

    http://www.iht.com/articles/ap/2007/...portingbet.php

  2. #2
    matted's Avatar
    matted is offline Public Member
    Join Date
    June 2004
    Location
    Durham, NC
    Posts
    2,685
    Thanks
    118
    Thanked 328 Times in 222 Posts

    Default

    I'm still sour on sportingbet after the way they screwed affiliates a few years ago. Let them sink!
    Owner, Cognitive Powers, Inc.
    Soon to be ex-webmaster
    Facebook, Twitter, and Linked In

  3. #3
    Schankwart is offline Public Member
    Join Date
    June 2004
    Posts
    324
    Thanks
    93
    Thanked 83 Times in 57 Posts

    Post

    When I tried to access their Casino today an update started and the Casino got renamed to "Paradise Casino". Though I was able to log in with my existing details, I think this was pretty strange. They did not even send an email to their customers to inform them about this change.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •