Casino Gambling Bwin.Party H1-2012 Financial Results

One of the biggest internet casino gambling operators worldwide has issued its financial reports for the first half of 2012 (H1 – 2012). This operator is none other than Bwin.Party. The numbers from the financial reports indicate an increase of 3% in the total pro forma revenue when compared to the same period of 2011. The revenues reached an outstanding four hundred and ten million Euros. The actual net revenues for the first half of 2012 witnessed a rise of fifty percent when compared to the first half of 2011.

The pro forma total clean earning before deducting depreciation, tax, amortization and interest amounted up to 85.6 million Euros. This represents an increase of 18.2% from the same period of last year. On the other hand, the real figure showed an increase of eighty even percent from the first six months of last year.

Commenting on this outstanding performance, the Co Chief exec officer of Bwin.Party, Norbert Teufelberger stated that the focus that the company had in 2012 was to move forward with executing their new integration plans in order to guarantee the synergies committed to according to the merger, improve the main core of their operations and to secure a good position in the newly opened gambling markets.

He also added that the company succeeded in achieving the three goals despite the problems and the shifting in the regulations in many newly opened and regulated European markets. He also stated that their main focus is casino games and sport wagering.

Related: Party Casino

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Mark Whysall

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