Profits Surge at L&G

July 19th, 2009

leisure and gamingOn 31st March ’09 the profit results of the leisure & gaming plc has released, and according to the statistics which they provide it clearly showed that the clear improvement of the profit of the company with compare to the previous year . When we analyze these data we can Cleary say that the net profit of the company has increased in about 80%. (2009- 1.8 million against 1 million of 2008)

The L & G thanked to all of its partners who are contributed in this great achievement made. Also they mentioned that if they didn’t get the proper support from its partners and they will not make this way.

Also the management announced great news which was really interesting. That is they are proposing to reduce the cost of premium membership to promote the business more over the world.  Also here the C.E.O – Mr. Richard Creed mentioned that this great achievement made by the company and the credit of it should remain with all of its partners.

When we see the detailed statistics of the report, we can clearly see that the major income has received from the poker. The reason is that the online casino game is one of the most popular games among the players and because of that they could achieve this success. Also with compare to the other income methods of the L & G, this poker has showed a rapid increase of the profit. Mainly the major portion is contributed by the online gaming activates available in Grease.

According to the available statistics, they have analyzed that in a single quarter, the online poker activities are in a position to provide an income of Euro 400,000 net. So this is a good improvement of the online poker and by reducing the premium membership cost, they are trying to expand it further.

Also they are planning to start a marketing programmed with relate to the Palermo foot ball sponsorship in near feature.

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