It’s our vision to become the mass market customer champion of online retail gaming. We believe there’s all to play for.
Financial Highlights - Continuing Operations
Gross margin up 13.3% to £120.8m (2006: £106.6m)
Operating profit* up 76.2% to £7.4m (2006: £4.2m)
Diluted earnings per share* of 2.0p (2006: 0.2p)
(*stated before exceptional items of £26.8m, goodwill amortisation of £3.0m and share option charge of £9.9m)
Business Highlights
Strong growth in core European sports betting operations with gross win up 48%
Acquisition of Turkish marketing partner and further investment in Italian operation
Successful migration of Paradise Poker players to the Boss Media platform
Forced disposal of US-facing sports and casino operations and
closure of US-facing poker operations following the passing of the Unlawful Internet Gambling Enforcement Act
Significant Group restructuring and reorganisation post Unlawful Internet Gambling Enforcement Act
Reorganisation of European operations including transfer of all customer operations personnel to Dublin and all licensable operations to the Channel Islands