BUSINESS

Betsson gives financial update; CastleCasino.com offering live roulette

TAGs: Betsson, castlecasino.com

Betsson logoBetsson‘s latest update has shown that revenues and gross profit for the second quarter were both down compared with last year. Revenues were at SEK 338.2m compared with last year’s figure of SEK 366.1m with gross profit dropping from SEK 291.7m to SEK 275.6m. Part of the reason for this may be their acquisition of Betsafe that cost the Scandinavian company just over SEK 150m.

There was better news as operating income showed an increase of 17% compared with 2010, rising from SEK 88m to SEK 103.3m. Magnus Silfverberg, President and CEO of Betsson, commented, “In conjunction with the acquisition of the rapidly-growing Betsafe, the customer segment B2C has been strengthened and has grown by 18 percent in the core market, the Nordic countries. For a considerable time, Betsson has been successful within B2B and is now well-positioned, both technically and business wise, for growth within B2B and B2C.”

The release is the first since the resignation of CEO Pontus Lindwall (video interview here) earlier this year and comes off the back of a year in which they even looked at the possibility of expansion into China.

The experience of roulette via your Internet connection has advanced as CastleCasino.com is offering it live from a land-based casino. It means that the Sporting Emporium casino in Dublin, Ireland, will broadcast live roulette for 12 hours a day (6pm to 6am) every day of the week.

David Merry, Casino Manager at CastleCasino.com, commented, “Whereas most live roulette providers can only provide the game from either a television studio or a real casino we have taken the step to catering to all of our players’ preferences once again by solidifying our reputation as a live casino that really does care about player suggestions.”

You can play a demo of the imaginatively titled “Live roulette in a real casino” on the site before logging in to play for real.

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