Entraction Network Grows Poker Revenues

Entraction network, formerly 24hPoker network, has reported poker revenues up 29 percent from SEK110 million (€11.7 million) in the first half of 2008 compared to SEK85.5 million (€9 million) in the same period of 2007. Q2 2008 saw poker revenue rise 22 percent to SEK51.9 million on the same quarter in 2007.

The company, which boasts VC Poker, Pinnacle Sports, and Devilfish Gaming as partners, saw net sales across all business units (including sports betting and casino) grow 48.3 percent to SEK157.1 million between Jan. and Jun. 2008 compared to SEK106 million in the first half of 2007.

Entraction made an operating profit SEK16.5 million in the first six months of 2008 compared to a loss of SEK12 million in the first six months of 2007.

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