Key Takeaways
- Online gaming giant bwin.party took a loss on online poker in the first half of 2014, financial statements show.
- Revenue from online poker in the first six months of the year was €44.1m, down from €63.9m during the same period in 2013, a 31% drop.
- In terms of adjusted net earnings (clean EBITDA), bwin.party actually posted a loss of €1.4m from its online poker activities. This compares to a profit of €7.2m in the first half of 2013.{
Online gaming giant bwin.party took a loss on online poker in the first half of 2014, financial statements show.
Revenue from online poker in the first six months of the year was €44.1m, down from €63.9m during the same period in 2013, a 31% drop.
In terms of adjusted net earnings (clean EBITDA), bwin.party actually posted a loss of €1.4m from its online poker activities. This compares to a profit of €7.2m in the first half of 2013.
