Devilfish Gaming Posts "Encouraging" Results

Devilfish Gaming Plc today posted its full year results to the end of June 2008. The company, which floated on the PLUS market in London earlier this year, saw a gross turnover of £21,763 and a loss before tax of £424,414 which was largely attributed to the cost of floatation and infrastructure costs.

The company, which has Dave "Devilfish" Ulliot as its poker ambassador,  said, “We are now generating significant growth in gaming activity in the short time that we have been promoting the Devilfish brand on the Entraction platform.”

Comparing like for like data of June 2008 and September 2008 Devilfish Gaming Plc said "trading in the second half year to date has been very encouraging". It saw average daily net gaming revenue more than treble from €455 to €1,512, average daily deposits almost treble from €879 to €2,656 and yield per active cash game player rose from €12 to €38 per day.

The company was floated on the PLUS market in March 2008 and launched on the Entraction network in May 2008. The company will launch online bingo later this year.

Related Articles

Kim Wins Triton Poker Monte Carlo Kickoff Event

Weis Continues Career Year With EPT Cyprus Triumph

EPT Cyprus: Gutierrez Wins Second High Roller Title

Most Viewed Articles