LONDON (SHARECAST) - Online betting company BETonSports said current trading is in-line with analyst expectations for the full year.
New customers for the year have increased by 37% to nearly 30,000,
volume has increased 10% to 1m and gross margin rose by 27% to $49.2m
from $38.7m last year.
The group said in the past 9 months, repositioned marketing, the
recruitment of an experienced management team and the addition of new
software technologies have all contributed to progressing the business
in line with its stated strategy.
"The board is confident in its outlook for the future and believes
that BETonSPORTS has a strong and proven business model, a highly
visible and respected brand name and a significant base to manage the
forthcoming challenges and opportunities that lie ahead," added
BETonSports