Nordic Business Report-February 9, 2007-Boss Media AB signs 3-year casino and poker contract with Sportingbet Plc
(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish digitally distributed gaming entertainment systems supplier Boss Media AB said on Friday (9 February) that it has signed a three-year casino and poker contract with United Kingdom based company Sportingbet Plc.
The contract means that Sportingbet will continue to use Boss Medias software for its European casino and poker websites,and that it will gradually migrate its Paradise Poker players to Boss Medias partner-based poker network.
"Our independence combined with size now makes Boss Medias partner-based poker network one of the most attractive on the market. Based on the new agreement, we obviously foresee possibilities to further extend the partnership to other product areas," commented Johan Berg, CEO of Boss Media.
Boss Media also issued its year-end report on Friday, posting an operating profit of SEK48.1m, as compared to a loss of SEK14.8m in 2005.
The net turnover amounted to SEK320.1m, up from SEK246.0m in the previous year.
Boss Media, headquartered in Vaxjo in Sweden, develops and licenses gaming solutions for PCs, interactive video terminals and digital TV. the company is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 13.38 Swedish kronor (SEK).
((Comments on this story may be sent to [email protected]))