International edition
June 23, 2021

Preliminary results for its fourth quarter would be made on October 5

Annual trends continue at SportingBet

(UK).- Leading online sportsbook and gaming operator SportingBet has revealed that ongoing ‘challenging economic conditions’ in some of its European markets including Spain and Greece have resulted in ‘an increased focus on cost control’.

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ondon-based SportingBet made the revelation in a press release announcing that the preliminary results for its fourth quarter would be made on October 5 and declared that ‘trends experienced during the previous nine months of the year’ had continued into its final financial quarter.

“Our Australian and emerging markets businesses continue to demonstrate the benefits of the group’s geographic diversity with resilient performances throughout the year,” read the statement from SportingBet.

“The company’s proposed acquisition of CentreBet is expected to complete at the end of August with CentreBet shareholders due to vote on the acquisition on August 17. The acquisition is in line with the company’s strategy of increasing the proportion of its business derived from regulated markets”, it added.

“The group continues to monitor regulatory developments closely and expects to take advantage as markets move towards implementing regulation. The directors remain confident of the outcome for the financial year just ended,” the statement concluded.

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