| Top > News > 2006 > June > 5 Jun 2006 |
Online Casino Portal Results Please Investors |
| The latest results from Gaming Corporation have just been released, proving once again how buoyant the online casino industry is. The online casino firm’s CEO, Justin Drummond, announced an after tax profit of 1.3 million pounds sterling and a gross profit of 2.3 million, an increase of 215 percent on last year’s figures. The results represent an unprecedented improvement for the online casino firm compared with last year’s figures. In 2004, the UK-based firm made loss of 100,000 pounds. One of the factors responsible for the online casino gaming firm’s success is its decision to acquire several online casino firms over the past two years. Both Got2Bet and Gambling have been bought by Gaming Corporation, which has also begun to supply mobile gaming solutions to the Orange mobile network. The online casino firm has recently extended its mobile gaming business by signing a contract with Vodafone to launch its new service. During the period covered by the report, the online casino company appointed a new group finance director and published a new magazine on behalf of the firm Gambling. In announcing the firm’s results, Justin Drummond has said that its half-year performance has endorsed its strategy of focusing on profitable portal and search engine operations. The online casino firm predicts that its pace will not slacken during the next financial year and will be looking to partner with several other firms to launch new gaming products. |
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