Finance

Betway hails profitable 2017 after 2016 losses

Bookmaker reports operating loss of €37m in FY2016 but says massive marketing spend is paying off this year

Betway has announced it turned a profit in 2017 following the emergence of new figures this week that showed the firm with an operating loss of €37m in FY2016. New financial data filed this week in Malta showed Betway with FY2016 revenues of €173.5m, but an operating loss of €37m thanks to heavy marketing spend.…

Betway | Finance

Latest