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Poker Revenue Up Seven Percent at Unibet from very low levels, Brendan Murray CardPlayer

Poker Revenue Up Seven Percent at Unibet from very low levels, Brendan Murray CardPlayer | Poker & eGaming News | Scoop.it

Unibet Poker has issued its interim statement for the first three months of 2012 with poker gross winning revenue up seven percent year-on-year to £4.27 million from £3.98 million in the same period of 2011.This compares to a fall of 33 percent in 2011 from 2010.

 

Earlier this month the company completed the takeover of Bet24 including its poker room which will move from the Ongame network to Microgaming.

 

Poker accounts for eight percent of Unibet’s total gross winning revenue.

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Unibet completes Bet24 acquisition, Robin Harrison EGR Magazine

Unibet completes Bet24 acquisition, Robin Harrison EGR Magazine | Poker & eGaming News | Scoop.it

Unibet has completed the acquisition of rival Scandinavian operator Bet24 from Modern Times Group as it looks to challenge former monopoly Danske Spil’s market leading position.

 

Following the announcement of the deal last month, Unibet has now paid 80% of the €13.5m (£11.25m) acquisition price in cash, with the final 20% to be paid by the end of June. Bet24’s players will ultimately be migrated to Unibet’s platform and the site rebranded, but will remain on its current platform for an interim period.

 

Bet24 becomes the third operator to be acquired by Unibet in the past six months,  acquired EurosportBET owner Solfive in November last year, and Australian operator Betchoice for AU$20m in February.

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