Online bookie Sportingbet announce's impressive revenue results
5th December, 2008
Sportingbet is one of the web's largest online bookies offering users a huge variety of bets, odds and events. The site has a strong and large customer base and has announced impressive results after launching their live streaming service to customers.
Net gaming revenue's were up between 5% and 10% after the launch of the streaming service, even in these difficult and uncertain economic times.
Chief executive, Andrew McIver, Sportingbet’s said in a statement, “Whilst sports betting has historically shown itself to be ‘recession hardy’, no industry is ‘recession proof’,” he said. “That said, customer metrics remained very robust both during the quarter and in the four weeks since it ended.”
“Whilst sports betting has historically shown itself to be ‘recession hardy’, no industry is ‘recession proof’,” he went on to say. “That said, customer metrics remained very robust both during the quarter and in the four weeks since it ended.”
Foreign European markets seemed to be performing well with reported growth in Greece, Spain, and eastern European countries.
By Jamie
