bwin.party poopered as restructuring hits sales

Online gaming operator bwin.party saw sales shrink sharply in the first quarter as it looks to restructure in the face of increased regulation.

Online gaming operator bwin.party saw sales shrink sharply in the first quarter as it looks to restructure in the face of increased regulation.

Revenue in the three months to March 31st of €180.2m was down 17% compared to the same period in 2012 and 13% compared to the previous quarter.

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