The bookmaker released its interim results for the six months ended November 2004. The group turnover increased by 80% with a £180,000 loss, down from £930,000 the same time the year before.
The increased turnover was primarily driven by pari-mutuel wagering as fixed-odds betting was down over 40%.
The firm said it expects to move into profit at the pre-tax level shortly, as it continues to expand its tote betting services and new introduced casino.
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