Gaming Corps interim
results
The Board of Gaming Corporation, which operates Casino.co.uk has announced
the results of the Group for the six months ended 31st March 2004.
With turnover increasing to £5.5 Million for the period ended
31st March 2004, compared to £3.65 Million for the same period
last year.
Current cash balances for the online portal were reported at £630,000
(£40,000 in 2003).
With more than 150,000 monthly visitors, the company said it will
continue to invest in new products including multi-player poker and
instant games all through 2004 and focus on growth through existing
operations and strategic acquisitions.
We have seen continued revenue growth and a considerable improvement
in the cash balances available to the Group. We have invested in our
technical infrastructure and software applications, enhancing our
scalability and putting us in a strong position to manage our future
growth, said Jason Drummond the Chairman of Gaming Corp.
The London-based Company, however will not be declaring a dividend
as it posted a group operating loss of £387,987 or 0.14 pence
per share for the six months ended 31 March 2004.