bwin.party hit by higher gaming taxes, revenue to fall in 2013

Online gaming group bwin.party digital entertainment reported a sharp fall in profits in 2012 owing to an increase in gaming taxes and lower sales, and said that the revenues are expected to decline further in 2013.

Online gaming group bwin.party digital entertainment reported a sharp fall in profits in 2012 owing to an increase in gaming taxes and lower sales, and said that the revenues are expected to decline further in 2013.

Pro forma revenue totalled €801.6m in the 12 months to December 31st, down 2.0% from €816m in 2011.

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