Paddy Power, one of the largest online casinos in the European Union has revealed that their revenues for the fourth quarter are falling exactly in line with what they planned. This is thanks to the fact that sportsbetting, poker and blackjack rose in popularity on the site. Throughout July 1st, 2015 to November 15th, 2015 was able to earn a total of 96 Million Euro’s in profit.
This is an astonishing amount of money that hundreds of casinos around the world wish they could reach,
It’s suspected that online poker increased in player activity by 29% throughout this time period, allowing for a 5% increase in in total net revenue. Online sports betting on the other hand rose in popularity by 23%, due to the nature of this form of betting it was able to raise total net revenue by 7%. Blackjack on the other hand was only able to rise in popularity by 20%, only bringing up the net revenue by 3%.
None the less the total accumulated amount of a 12% increase on net revenue is a mass amount. That’s an increase of 11.5 Million Euros in profit for a period of five months. Those whom wish to experience these games can do so today by signing up an account at Paddy Power. They’ll provide registering punters with a welcome bonus as well as hundreds of various casino games to play. A valid payment method such as an E-Wallet or Credit Card will be required in order to play on either their desktop or mobile casino.