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Codere turnover 820 MEUR H1 2012, Yogonet

Codere turnover 820 MEUR H1 2012, Yogonet | Poker & eGaming News | Scoop.it

Turnover during the first half of 2012 totalled 819.7 million euros, 29.7% more than in 2011. The Gross Operating Profit, EBITDA, reached 155.5 million euros during the first
half of the year, representing an increase of 15.3% with respect to the previous year. In the second quarter 2012, EBITDA totalled 76.8 million euros, exceeding the company’s forecast for this period, which had estimated this figure at around 68-71 million euros.

 

In Argentina, turnover totalled 328.1 million euros, up 27.5% with respect to the previous year, while EBITDA amounted to 89 million euros. This growth stemmed primarily from an increase in the number of terminals, 11.1% more than in 2011, and from the average daily revenues obtained per machine, an increase of 18.5% in euros.

 

Other sources:

http://www.igamingbusiness.com/content/codere-first-half-turnover-rises

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Take-Two aims big in China with free-to-play game with Tencent, Dean Takahashi at VentureBeat

Take-Two aims big in China with free-to-play game with Tencent, Dean Takahashi at VentureBeat | Poker & eGaming News | Scoop.it

 

Take-Two Interactive has launched its big online-games experiment in China today with the public beta test of its free-to-play NBA 2K Online game on the Tencent Games portal.

 

Tencent has hundreds of millions of users for its QQ social network, and it has been working closely with a variety of U.S. game companies. The company invested in Epic Games recently and bought a controlling stake in Riot Games, maker of the popular League of Legends online game.

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