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News > 2006 > 2006 December > 14 Dec 2006 > 14 Dec 2006 > European Online Casino Firm Shows Great Results

European Online Casino Firm Shows Great Results
14 Dec 2006

The online casino industry is showing great advancement in Europe. One of the online casino sports books published its latest numbers, and they are all looking good. Over the past nine months, the European online casino firm generated revenue of Euro 63.8 million from its sports betting site and net gamin revenue of Euro 10.8 million. This joins remarkable Quarter3 results, and places the European online casino operator is a stable and firm position. With the American public off limit to most of the big brands, the online gambling community is all focusing in Europe, and it seems that at least some of the operators are doing great.

The company does not only offer online casino gambling, but the online casino operator has started to offer retail booking as well. By offering non-cyber bets, the company is positioning itself as a major gambling provider, and makes its online presence more powerful. The company is working in different online markets around Europe and it is located in Gibraltar, where the online gambling industry is always welcomed. The company has finished an expansion process into the Spanish online casino market, and the numbers are favoring the move.

Although the overall picture seems to be positive, the online casino operator is not that pleased with the Germen situation. The company offers online casino gambling to the German public as well, but the legal situation in Germany is becoming unclear, and online casino legislation might be addressed in the very near future. Looking at the online gambling industry in a globe scale, things are very promising, and the move to Europe seems to be bearing fruits.