Poker Revenue Down 33 Percent At EntractionOnline Poker Network Sees Income From Poker Fall By One-Third To €5 Million In Third Quarter |
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Poker net revenue at publicly-quoted Swedish gaming operator Entraction fell by one-third to SEK46.9 million (€5 million) in the third quarter of 2010 from SEK69.9 million (€6.7 million) in the same period last year.
In the first nine months of 2010 poker revenue was down 31 percent to SEK158 million compared to SEK229.3 million in the first nine months of 2009.
Net sales for the period January-September were down 13 percent compared with the same period the previous year when expressed in euro and taking into account the closure of Cardroom 2 which shut last year.
Net poker revenue in the previous quarter was down 31 percent.
The company said that, “2010 has been marked by a general decline in the poker market and lower sales per player. The summer months are season- ally weak for online poker, although September showed a clear upswing and the positive trend has continued.”
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