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Interwetten Posts Positive Financials

Online betting firm Interwetten has posted their full year 2014 results, noting large amounts of growth, especially in Belgium and Italy.

Key financial indicators for the full year 2014 were:

  • A rise in betting turnover of 15 percent to Euro 800 million

  • Gross gaming revenue of Euro 46.3 million, an increase of 18 percent

  • Net income of Euro 7.4 million, up 64 percent

  • Revenue growth of 17 percent in the fourth quarter alone to Euro 11.4 million.

Commenting on his company's performance Interwetten CEO Werner Becher said, “I am particularly pleased with the cooperation with the new B2B customers because this traditional terrestrial betting provider explicitly called for Interwetten as a B2B partner for the online area, because we are, in his opinion, the best online product on the market."

Commenting on the company's German market Becher added, "Although there is still no legal security in Germany in sight, I am every day more confident that Interwetten’s long-term investments will provide great results in the long-term."

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