Betfair Poker Revenue Declines Since Ongame MoveLatest Financial Results Announcements Shows Poker Revenue Down At Betfair |
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Betfair Plc today announced its financial results for the six months from May to October 2011 and commented that poker revenue had decreased since the recent move to the Ongame network.
While the company did not break down the figures to indicate the size of the fall it said, “Games growth has strengthened but poker has continued to show significant year-on-year declines following its migration to the Ongame network. In the second half, we will continue to improve our customer offering and address challenges in racing and poker with a number of product enhancements and initiatives.”
It also said that overall growth at the company, which saw group revenue jump 27 percent to £213.3 million in the period, was, “moderated by more challenging conditions, particularly in horse racing and poker, which together offset robust performances in football, other sports and Games.”
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