Irish bookie returns to profit

Belfast-based bookmaker Sean Graham has made a return to profit with a pre-tax profit of GBP 737 000 on turnover of GBP 5.8 million (2010: GBP 4.9 million) reported for its fiscal 2011 year ending March 2011.

Sean Graham offers a range of betting and gaming via online, telephone and approximately 60 land betting shops situated throughout Ireland and Scotland.

The firm’s results compare favourably to the previous year with the bookmaker having reported a loss that was largely attributed to writing off loans of almost GBP 4 million it had made to two property development firms named as Fernheath Developments and AD Enterprises

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