pdf(1.62 MB)
highlights

All to
play for

Annual report and accounts
2006 - 2007

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