Poker Business News From Europe

Betsson Poker Revenue Slumps Scandinavian online bookmaker Betsson saw its poker revenue plummet 26 percent to SEK30.3 million (€3.16 million) in the first quarter of 2010 from SEK41 million (€4.3 million) in the same period of 2009. It also declined 4 percent compared to the SEK31.5 million (€3.3 million) generated in the final quarter of 2009. Overall Betsson poker revenue declined 17 percent in 2009. Poker now makes up just 10.2 percent of Betsson’s overall revenue compared to 16 percent in the same period of 2009. Elsewhere the company has acquired online poker site Betfriends. The Malta-based site has approximately 4,000 active customers across poker, sportsbook, and casino. In a statement Betsson said, “This transaction is a step in order to change Betsson’s trend in poker, as the poker business has shown a negative trend for some time. Through the acquisition Betsson gains poker competence which will strengthen our existing ...

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