BUSINESS

Leisure & Gaming gains from Italy’s love of poker

TAGs: Italian poker, Leisure & Gaming

Good P&L for L&G

Good P&L for L&G

Ladbrokes may not have been able to find a way to make ends meet in Italy, but Leisure & Gaming had no such problems last year, when Italian customers spent €47m on joining poker tournaments, compared to €2.7m in 2008. A record 67% year-on-year growth in full-year 2009 operating profit to €2.5m, from €1.5m the previous year, left L&G contentissimo with the growth of its BetshopItalia business. Read more.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com