9 July 2013 – trading update
The interactive gaming company has issued a positive trading statement covering the second quarter of its financial year with a significant increase in new players helping to raise Q2 revenues by 34% to £7.1m (2012: £5.3m). The group has increased its marketing spend both online and on TV and is confident of meeting full year forecasts of pre-tax profits of £4.6m for earnings per share of 1.5p. We maintain our recommendation of BUY.