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Sportingbet bets on the black

Online bookies hits paydirt...

By John Oates

Published: 28 January 2002 08:15 GMT

British online bookmaker sportingbet.com has posted a profit and more than trebled its revenues.

For the nine months ended December 31, the company made a profit of £3.2m on revenues of £645m, three times the amount it brought in last year, according to Bloomberg.

The third quarter is traditionally the busiest for bookies. In this period the company took 1.5 million bets.

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