Feature: bwin.party Reports Dismal H1 Results, Looks to New Software, New Markets for Growth Feature: bwin.party Reports Dismal H1 Results, Looks to New Software, New Markets for Growth
Key Takeaways
  • bwin.party half year report makes for dismal reading with poker revenues down 35%.
  • The report may be the low point for the company as new software, a more focused management approach, new key staff, and a fully integrated technology platform provide a base for growth.
  • Plans for a New Jersey launch in November are on target.

bwin.party has published another set of dismal figures in its half year report. In a year of “transition” for the company, the revenue fall of 16% overall and 35% in poker is worse than CEO Norbert Teufelberger expected.