eBet projects 27% increase in full-year profit

eBet projects 27% increase in full-year profit

Gambling systems designer eBet (ASX:EBT) expects to post a full-year pre-tax profit of $2.02 million – a 27% increase on the previous year.

The company said the projected profit surge will be due to stronger second-half systems sales, particularly of its WMS range of pokies.

The NSW office of liquor, gaming and racing has granted full regulatory approval for eBet to sell its WMS Bluebird 2 poker machines and an initial three games, eBet said. The approval grants eBet access to the $130 million NSW poker machine market.

EBT shares have today risen 8.75% to $0.087.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags hardwarefinancial resultsgamblingeBet

Show Comments