1st Quarter Results
Strong underlying growth but football results impact margins
Key highlights
· Continued outstanding growth in Online Sportsbook turnover, up 39% with mobile up 78%
· Gross win margin performance hit by two substantial loss-making weeks driven by football results
· Strong Online gaming net revenue growth, up 16%, benefiting from 142% growth in mobile
· Largely completed roll-out of Eclipse gaming machines into half the Retail estate
· Improving Australia KPIs with unique actives +22%, new accounts +8% and cost per acquisition -11%
· Strong US performance with wagering +23% and Operating profit4 up 188%
· Mobile Sportsbook and Casino launched in Italy