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Gaming VC launches Italian facing sports book

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The online casino operator increased its first half EBITDA by 22.0% to €10.0 million on a total turnover of €22.0 million, up 3.8% compared to H1 2006. Chairman Adrian Smith said he looks forward to diversify the group’s interests outside of Germany and in particular within Italy where the company has recently launched betaland.com after acquiring licences that allow the group to take both sports and horseracing bets.