Unaudited Results for the first quarter ended 31 October 2011

30 Nov 2011

Sportingbet Plc, a leading online sports bettiing and gaming group, announces its results for the quarter ended 31 October 2011.

Key Highlights

  • Centrebet acquisition completed 31 August 2011
  • Disposal of Group's Turkish website completed 21 November 2011
  • Amounts wagered up 35% to £693.7
  • Total revenue up 17% to £59.9m but EBITDA impacted by new taxes in Greece and Spain
  • 40% of NGR from regulated territories and a further 18% from territories where we are paying tax ahead of expected regulation

The full RNS announcement can be downloaded here.

Please note there will be no analyst presentation or webcast for this quarter. For details of the analyst conference call, please email ghudson@maitland.co.uk

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