The results broken down by activity revenue show:
Profit before tax from continuing operations was 43.8 million Euros, down from 2009 FY when it was 57.4 million Euros. Profit after tax was similarly lower, declining from 53.3 million Euros in 2009 to 40.2 million Euros in 2010.
Commenting on the results, chief executive Jim Ryan said:
"During 2010 the group delivered on a number of its strategic objectives, the most significant of which was the announcement of our transformational merger with bwin, the world's largest listed online sports betting business.
"We also completed the integration of both Cashcade and WPT whilst our French network has captured around 14% of the newly regulated French poker market.
"In the US we believe there is growing political and commercial will to regulate online gaming and that we are well-positioned to exploit our strong franchise in that market should regulations allow.
"As our merger with bwin is set to complete on 31 March 2011, we are finalising our plans to integrate both businesses as quickly as possible and remain confident about delivering the cost and revenue synergies we have already identified in line with the previously announced timetable, with the full 55 million Euros per annum being delivered by 2013."
Regarding current trading he added:
"The group has continued to perform in line with the Board's expectations. In the two-month period ended 28 February 2011, average gross daily revenue was 1,431,800 Euros (Q4/2010: 1,425,400 Euros).
"New poker player sign-ups increased to an average of 1,905 per day (Q4/2010: 1,853) and there were on average 52,400 active poker players per day (Q4/2010: 50,400).
"Average gross daily revenue for poker was 452,600 Euros (Q4/2010: 440,200 Euros); for casino was 557,100 Euros (Q4/2010: 577,200 Euros); for bingo was 339,100 Euros (Q4/2010: 337,200 Euros) and for sports betting was 83,000 Euros (Q4/2010: 70,800 Euros)."
Source: InfoPowa News