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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.

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Tags hardwaregamblingfinancial resultseBet

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