Analyst Research Report Snapshot

Title:

SPORTINGBET - A LOOK DOWN UNDER

Price:

$10.00

Provider:

Edison Investment Research

Date:

09 Mar 2009

Pages:

12

Type:

AcrobatPDF

Companies referenced:

SBT.BE

Available for Immediate Download
Summary:

Sportingbet’s interim results showed operating profit up by 39% to £16.2m with strong growth in its core sports betting operations and improved operating margins. Our PBT forecasts are unchanged; growth in new products and markets is offsetting economic pressures on segments such as Australian telephone betting. This Review features the Australian market which is deregulating with new advertising freedoms but higher taxes – a model that could eventually apply across Europe. FOR MORE INFORMATION ON ATTACHED RESEARCH PLEASE CALL 020 3077 5713 OR EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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