Unibet announces increased profits
Unibet is one of the best gambling sites, and they have recently announced a rise in profits for the second quarterly year. The company saw profits double after the European football championships in June. The Euros brought plenty of business for online bookies most of which saw a marked rise in their profits. Unibets network income increased to $6.8 million in the 2nd quarter year from $3.01 million last year. The company believes the impressive results were aided by the live betting taking place throughout the Euros which took place in Austria and Switzerland.
The amount of money lost my gamblers rose by a massive 74 %. The company believes it is financially on target for 2010 after their operating margin rose doubled to 21.9 %
“During the first half of 2008 we have seen healthy growth for the group both in terms of gross winnings and profits from operations,” said Petter Nylander, Chief Executive Officer for Unibet.
“With the European championships in football as a real highlight during the quarter, we reached a new record high in active customers and our live betting was a great success with over 3,000 offers.”
Unibet offer a huge range of sporting events to bet on with competitive odds. Unibet also provide a online casino and poker service.
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