2 August 2011 – trading update

Another trading update from the online gaming company has confirmed that trading is broadly in line with expectations with net gaming revenue in the first half of the year 8% higher than 2010.  There is still some concern over the group’s German operations with the possibility that these may be banned although the European Commission has ruled that this would be in breach of European law.  A meeting to discuss this is expected later in August and until then the shares are a HOLD.