Betting firm sees profits climb 117%

Internet betting firm Sportingbet today reaped the rewards of a company-transforming acquisition as it posted a 117% hike in first-half profits.

Tue, 22 Feb, 2005 - 14:01

Internet betting firm Sportingbet today reaped the rewards of a company-transforming acquisition as it posted a 117% hike in first-half profits.

Sportingbet said Paradise Poker has performed ahead of hopes since it was bought in a deal that more than doubled the size of the overall group.

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