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Great Figures for Bookmaker

Centrebet.com certainly seems to have all of its ducks in a row as the fiscal year ends and the year-end report is due. The online casinos, bookmaking, and gambling industry as a whole has expanded significantly over the past years, and a new focus on the European, Australian, and Asian market has shown positive results for many gambling related companies. Centrebet is an Australian bookmaker that also online casino and internet poker services to players.

Recently reported figures include financial and company information from July 2006 until the end of June 2007. Centrebet’s figures are surely pleasing for the company’s shareholders and investors considering the whopping 26 percent revenue growth. This figure is across all of the company’s gambling services: online casinos, internet poker, and bookmaking. With the 26 percent increase taken into account, the online casino and related gambling company reported A$58.9 million.

In line with figures from other companies in related sectors, Centrbet reported that the online casino and internet poker portion of the company showed an 85 percent increase in revenue – totaling A$11.86. The majority of that profit is attributed to the rising prominence of online casinos. Cetnrebet’s report shoed A$7.1 million in profits from the internet casinos and A$4.7 million at poker.

The company’s report also highlighted that the EDITDA numbers have risen over the past year as well. This year’s EBITDA showed a 45 percent increase – also noted is that while the online casino and bookmaking company predicts a positive 2008, the directors anticipate growth figures between 10 and 15 percent in the next year-end report.