L&G issues trading update

On the eve of its annual general meeting, London-listed Leisure and Gaming plc released a trading update this week in respect of the period April 1st tol May 25th, showing a positive gross profit of Euro 1 million – well within management’s expectations.

For the period, amounts wagered on sports, including horses, amounted to Euro 12.4 million and generated a net win of Euro 2.8 million.

Amounts played on casino products and skill games amounted to Euro 6.6 million and generated net win of Euro 200 000. Poker generated Euro 7.4 million in tournament fees and rake of  Euro 1.2 million.

The company said that the gross profit earned for the period was about Euro 1 million.

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