BUSINESS

SNAI suffers huge drop in profit; bwin.party launch live casino in Italy; PokerStars Zoom Poker gets release

TAGs: AAMS, android, bwin.it, bwin.party, Daniel Negreanu, Evolution Gaming, Italy, PokerStars, Snai, Zoom Poker

snai bwin party pokerstarsItalian firm SNAI has experienced drops in both revenue and net profit as the country’s sports betting and horseracing sectors continue to suffer. Revenue dropped 10 percent in Q1 2012 from €157 million to €141 million with the continual difficulties in the two sectors blamed. It meant an EBITDA of €27.1 million – down 18 percent compared with last year and operating income dropped off 37 percent to €11 million. The most ghastly figures of the lot was the 97 percent drop in net profit meaning they only made an extremely modest profit of €0.2 million in the first part of the year.

Bwin.party had better news to report in the Mediterranean country as they launch a new live casino offering with Evolution Gaming. Bwin.it now offers players Evolution’s Venezia Roulette and Ventuno Blackjack that are staffed by native speaking professional dealers. Paolo Di Feo, Southern European Director for bwin, commented: “The Evolution live casino platform was the natural choice for bwin as it gives us the opportunity to further strengthen our brand in this local market with dedicated tables and native speaking dealers from day one.”

PokerStars has launched its Zoom Poker client for real after a successful trial period. Beta testing had taken place across Android devices and is available to players on the .com, .eu and .net sites. PokerStars pro Daniel Negreanu is a fan and commented: “Recreational players, who want more constant action, will be able to fold instantly and wait for better hands, while pro grinders will be able to get in hundreds of more hands an hour and win more. On top of all that, it’s just so much fun to play!”

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