Originally Posted by
Grist_To_The_Mill
Nice to see winners however:-
Total revenue has climbed by almost a third to more than £670m at Sky Betting & Gaming (SBG) according to figures released by its new owner.
SBG recorded revenue of £670.5m for the year ending June 2018, up 30 per cent from £515.8m in 2017.
Betting revenue increased by 37 per cent £407m, boosted by a rise in betting net win margin thanks to operator-favourable sporting results, particularly with respect to European football.
It also posted an operating profit of £86.7m, up 26.5 per cent from £68.6m the year before.
So somebody is losing somewhere