GigaMedia attributed the omission to the failure on the part of Betclic Everest to provide it with financial results for the first quarter of 2012, but GigaMedia CEO John Stringer offered little hope for optimism when questioned about the subject.

 

It has suffered hugely from the impact of two irresistible forces - French re-regulation and the decline of online poker.

 

Betclic Everest Group is a private company, comprising Betclic, bet-at-home, Expekt and Everest. But while it remains private, its 50 per cent shareholder Société des Bains de Mer (SBM) and Everest part-owner GigaMedia are public companies (as is bet-at-home) and hence, declare the figures for certain parts of the Betclic Everest group.

 

Other sources:

http://www.gamingintelligence.com/premium-news-and-archive/14298-winners-and-losers-2011-betclic-everest-group

http://www.igamingbusiness.com/content/confused-picture-gigamedia