Gaming VC Holdings Take A Dip
Published: Wednesday, November 16, 2005 Online-Casinos.com
GAMING VC HOLDINGS TAKE A DIP
Gaming VC Holdings Shares take a hammering on third quarter results
The mainly German facing online casino gambling group, Gaming VC Holdings took something of a hammering this week when its share price dived 21 percent on the back of a third quarter report that showed a decline in net revenues.
The company, which has ambitions in the Spanish market, too reported that on average, the daily revenue for the third quarter was 7 percent below the average for the second quarter at a still-creditable Euro 100 000 a day.
Gaming VC holdings operates The Casino Club, which boasts over 100 000 registered users. New signups in the quarter increased by 4700 players.
