Sportingbet Trading in Line Since First Quarter

raiders72002 · 12-13-08, 01:02 PM

.....

Quote:

Sportingbet Trading in Line Since First Quarter

Submitted by Guest on Fri, 12/12/2008 - 11:29.

LONDON, Dec 12 (Reuters) - Online sports betting company Sportingbet (SBT.L: Quote, Profile, Research, Stock Buzz) said on Friday trading had been in line with management expectations since the end of the first quarter.

The company said that it saw itself as resilient to the economic downturn because of its "geographic spread, strong sports offering and comprehensive product range".

It added that in the coming months it planned to launch Websites targeting the South African and Romanian markets, further underpinning its strategy of being a global gaming operator. (Reporting by Ben Deighton; Editing by Mike Nesbit)

bigboydan · 12-13-08, 01:12 PM

Wasn't it South African that fairly recently pass a law making it offshore gambling legal?

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