Casinos.co.uk: Casino News Archive
Wednesday 18th April 2007
Online Casino Firm Pushes for EU Expansion
Online casino and poker firm Gaming VC Holdings SA, operator of the Casino Club, an online casino well-known in German-speaking markets, has announced that although 2006 was a 'challenging' year for the company, it is still keen to forge ahead with plans to expand outside of Germany.
Despite pre-tax profit for the period ending December 31,2006 standing at a disappointing €4.4 million, compared to €12.8 million a year earlier, 2007’s first quarter has met the company’s expectations.
The company’s development plans include bidding for new gaming licences throughout the EU, including securing a gaming licence in Italy in its second quarter, switching from direct mail to online marketing to increase its market presence, and plans to increase the overall group tax charge from a current base level of 2 percent of operating profits to about 10 percent by 2008.
Source:OnlineCasinoNews
| Discuss this story in the Gambling.co.uk Forums. Last five forum Posts: |
|
|
|
|
|
|
|
|
|
