Finance

Sky Betting & Gaming profits down 31% as poor sports results bite 

Sky Bet revenues down 5% year-on-year in Q3 as Big 6 Premier League teams win 80% of their games

Sky Betting & Gaming (SBG) has posted a 31% decline in profits for the third quarter of 2018 after the operator was hit by poor football results and major marketing investments around the start of the new season. Adjusted EBITDA for the quarter was £28.8m compared to £41.9m in the same period last year, as…

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