Online gaming group bwin.party has reported a decline in revenue due to the impact of revenue charges from the European Union.
In the first nine months of the year, the FTSE 250 group posted an eight per cent decline in total revenue to €429.9m, which it attributed to the impact of EU VAT and the sale of its non-core businesses.
Norbert Teufelberger, chief executive of bwin, said: "Current trading has been strong, despite the impact of EU VAT and further declines in poker.
“With solid progress on expanding our mobile footprint and the full-year benefit of the cost savings already made, we remain confident about the outlook.”
