Leisure & Gaming’s profits fall

AIM-listed Leisure & Gaming yesterday revealed its unaudited results for the quarter ended 31 December 2009, showing a plummet in casino and a dip in sports betting revenues. Its gross profits fell to €1.8m in the fourth quarter to the end of December – down from €1.9m a year ago. Amounts wagered on sports betting, including horses were €19.4m (2008: €22.4m) generating a net win of €4.3m (2008: €4.9m) at a net win percentage of 22.2 per cent (2008: 21.9 per cent).