Online Gambling Group Delivers Impressive Result

October 17 Sportingbet have confirmed that Paradise Poker contributed as much as 30% of the group' pretax profits of  GBP 40.8 million in the year up to July 31, 5 times what is contributed last year.

This will silence critics who have claimed the demise of online poker.

Income from poker has seen quarterly growth of 21%, and a massive 71% for the last 10 weeks of the reporting period.

The results had a positive spin off for other groups like Party Gaming, who saw a 9.1% share price increase. Sportingbet's own stock increased by 6.1%

Analysts have revised their forecasts by 10% for the next year.

Sign up at Paradise Poker and enter their million dollar free roll, or have a go at a seat in the Aussie Millions.

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