Key Takeaways
- Bwin.party half year results gave some cause for celebration, as the company announced a €2.9 million after tax profit. In the same period last year, the company made a €94 million loss.
- In other regards, the figures were not impressive. Total revenues fell from €317.1 million to €296.5 million, although CEO Norbert Teufelberger explained that the company’s preferred measure, “Clean EBITDA” increased by 2%.
- Daily online poker revenues for Q2 of 2010 averaged €579,000. By Q2 of 2015, these had fallen to €171,400. That is a reduction of €417,600 a day in revenues—72%.
Bwin.party half year results gave some cause for celebration, as the company announced a €2.9 million after tax profit. In the same period last year, the company made a €94 million loss.
