Record Performance By BetAndWin
Published: Monday, August 15, 2005 Online-Casinos.com
RECORD PERFORMANCE FROM BETANDWIN
Turnover soars 204 percent at Austrian public company
The Austrian listed gambling group Bet & Win has enjoyed another record quarter following a substantial marketing drive this year.
Turnover at the sportsbook and online casino group soared 204 percent to US$693 million and profits went up to US$3.25 million.
The number of active sports betting customers rose to 297,221, as the firm spent almost US$9m a month on an increasingly brand-focused campaign designed to improve long-term positioning rather than solely maximising the number of customers in the short term.
Sports betting gross win was up 184 percent to US$31.3 million, with a solid margin of 9.1 percent from a mainly recreational player base. The gaming side had the most impressive quarter with casino gross win up 199.3 percent to US$9.7 million and soft gaming gross win up 297 percent to US$1.33 million.
Poker was also successful, with the new poker room showing a gross win of US$2.47million, a rise of 74 percent.
BetandWin now boasts a turnover of over US$1 bilion for the first half of the year.
