04-12-2007 Betbull wants to become a major retail betting operator in Spain

The betting exchange and German betting shop operator said it looks forward at building the joint venture with Bwin to offer retail betting in the Spanish Province of Madrid and across Spain as further liberalization of the Spanish betting market unfolds.

Betbull announced a group EBITDA for the first nine months of 2007 of EUR 0.6 million, compared to a loss of EUR 0.6 million in the same period last year, while net gaming revenue was down 9% to EUR 9.8 million when compared to 2006.