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bwin Poker Revenue Jumps 26 Percent in 2009

Gioco Digitale’s Italian Poker Revenue Helps bwin to Record Financial Results

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bwin revenues rise significantlybwin today announced its interim financial results for 2009 with gross poker revenue for the full year up 26.1 percent to €118.8 million from €94.2 million in 2008. Of this, Gioco Digitale, the Italian poker operator which bwin bought last year, contributed €12.8 million.

Last year the company saw gross poker revenues rise 14 percent.

Full year net gaming revenues for poker were €90 million, up 11 percent on the €81 million registered in 2008.

Fourth quarter 2009 gross gaming revenues jumped 35.8 percent to €37.6 million from €27.7 million in 2008 while fourth quarter net gaming revenues from poker were €28.1 million up 22 percent on the €23 million recorded in the same period of 2008.

The number of active poker customers at bwin in 2009 leapt 55 percent to 1.05 million from 678,409 a year earlier.

In the fourth quarter the number of active customers grew 49 percent to 561,000 compared to 376,092 in the same period of 2008.