Online gaming firm bwin.party digital entertainment revealed a robust set of full year earnings and believes it is well placed to take advantage of regulatory and technological shifts in its industry.
The group, which was spun out of a merger between Bwin and PartyGaming last year, said clean EBITDA from continuing operations rose 3% to €199.3m for the year ended 31 December 2011 after synergies fed through quicker than expected. Actual total revenue for the period surged 93% to €691.1 due to the merger.
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