Despite reduced sports wagering, on the back of a run sports results favouring bookmakers, net revenue across the group was +3% YoY (excl. disposed of Australia business to Crownbet). Online net revenue was +12%, despite sports wagers -8%, and the gross win margin was +130bps at 8.8%. Furthermore, gaming net revenue in online was +8% YoY supported by a strong increase in active customers (total online actives +10%) and improved cross sell. Retail net revenue - 4% YoY, despite a healthy win ma
08 May 2018
1Q18 Trading – online looks healthy
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1Q18 Trading – online looks healthy
- Published:
08 May 2018 -
Author:
Michael Campbell -
Pages:
3
Despite reduced sports wagering, on the back of a run sports results favouring bookmakers, net revenue across the group was +3% YoY (excl. disposed of Australia business to Crownbet). Online net revenue was +12%, despite sports wagers -8%, and the gross win margin was +130bps at 8.8%. Furthermore, gaming net revenue in online was +8% YoY supported by a strong increase in active customers (total online actives +10%) and improved cross sell. Retail net revenue - 4% YoY, despite a healthy win ma