Bet365 has announced that it was able to achieve operating profit in excess of £400 million (€539.6 million/$605.5 million) during the 12 months through to March 31, as well as year-on-year growth across other key financials.
Profit from gambling operations before exceptional items amounted to £409.3 million in fiscal year 2015, up 26.5% on the amount posted in the previous 12-month period.
Revenue was also up 15% on a year-on-year basis to just under £1.5 billion.
The online operator also noted that betting on the 2014 Fifa World Cup national team football tournament helped boost sports betting turnover in the period.
In-play wagers accounted for 75% of total sports betting turnover, while mobile betting was also up 59% year-on-year.
Active sportsbook customers increased by 41% to 4.1 million, including a total of 2.3 million new depositing customers in the period.
Although the privately-owned online operator declined to reveal its internet casino figures, it did confirm that its Playtech-powered poker vertical experienced a 3% increase in revenue.
As a result of the full-year figures, Bet365’s owners received a dividend of £75 million, down from the £95 million paid out in the previous year.
source : www.igamingbusiness.com