Big surge in betting volume for betandwin.com
APA business news May 30
The online sportsbook betandwin.com has increased its turnover in Q1 2000 from 704.000 € to 2 Mill €, almost threefold.
Nevertheless huge investments in new technologies and staff recruitments kept results in a minus column.
The EBITDA showed on a year on year comparison a big plunge from -36.000 € to - 309.000 € (almost an eightfold deterioration) EBIT fell from - 70.000 € to -345.000 €.
Stockprices closed on May 30 at 20,00 €.
APA business news May 30
The online sportsbook betandwin.com has increased its turnover in Q1 2000 from 704.000 € to 2 Mill €, almost threefold.
Nevertheless huge investments in new technologies and staff recruitments kept results in a minus column.
The EBITDA showed on a year on year comparison a big plunge from -36.000 € to - 309.000 € (almost an eightfold deterioration) EBIT fell from - 70.000 € to -345.000 €.
Stockprices closed on May 30 at 20,00 €.
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