Their results, released this morning, show the true extent of this payment as net profit for the fiscal year ending July 31st dropped by a massive 69% to £3.9million, however, revenue for the same period rose by 27% to £207.5million to give that grey cloud a light grayish lining.
Though CEO Andrew McIver seemed to have given the same grey cloud a nice brand-spanking new silver lining, and said: “The new financial year has started well with net gaming revenue for the first two months up 17% on the same period last year. Whilst the economic outlook remains challenging, our spread of activities across the different economic cycles of Europe, Australia and South America gives us confidence for a year of further success.”