Sky Bet driven by user growth in first half

Sky Bet driven by user growth in first halfSky Betting and Gaming, the online gaming subsidiary of UK pay-television broadcaster BSkyB, has cited an increase in users as the main reason behind year-on-year revenue growth during the six months to December 31, 2013.

The broadcaster said that its subsidiary generated £84 million (€102 million/$138.2 million) in the period, an increase of 27% on the £66 million recorded in the corresponding period last year.

Growth in first-half revenue was driven by an increase in customers, with the number of unique users rising by 15% on last year.

BSkyB posted overall revenue of £3.8 billion, an increase of 7.6% on the £3.5 billion recorded in the previous year.

“Our financial performance was strong in the first half and we remain on track for the full year,” BSkyB chief executive Jeremy Darroch said. 

source : www.igamingbusiness.com

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