Performance Appraisal of Bwin.Party Entertainment Group for 2011
12-19-2011
 Bwin.Party Digital Entertainment group, who was one of the leading online gambling operators licensed under Gibraltar had given their performance report in detail before the end of this financial year. This report has highlighted that its performance for Q4 is strong and also in accordance with the expectations of management. Thus, Bwin.Party had expected an EBITDA from 22% to 24% in one year.
This year in the month of March, Bwin Interactive Entertainment has been merged with Party Gaming. The company has revealed that by working with integration of two companies would proceed as planned, while union synergies would lead to approximately €40 million for next year. For the year 2013, the company has predicted to earn approximately €65 million. The company has already purchased 14 million shares, by an average price of £1.26 in one share. Bwin.party has also expressed its strong position in the gambling market of Denmark, Germany and has also expected to achieve good position in US markets.
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