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Sportingbet profit doubles

Sportingbet, the operator of the Paradise Poker Internet gambling site, said first-quarter profit rose 56 per cent, helped by during-games sport betting. Pre-tax profits rose to £6.1m in the quarter ended Oct 31, from £3.9m, or 0.7p per share, in the year-earlier period. Sportingbet is attracting more sports gambling by encouraging customers to bet during games, and it introduced live streaming of matches a year ago.