|BetOnMarkets, the world’s foremost fixed odds financial betting provider operating eight websites in seven countries, has announced impressive financial results for the year ending 31 December 2006.|
The company’s turnover saw a 34 percent increase hitting a record $100 million while gross profit shot up by 290 percent to a total of $5.3 million.
Commenting on the results, Jean-Yves Sireau, CEO of BetOnMarkets said: ‘These are excellent results, which clearly demonstrate BetOnMarkets’ superior customer offering and international appeal. We have accepted over 10 million transactions since the group was established in 2000 and we look forward to continued growth in 2007.’
BetOnMarkets fixed odds betting system, which limits customers risk to their fixed stake, has seen continued expansion with the group’s two largest websites betonmarkets.co.uk and betonmarkets.com taking between 6,000-10,000 bets per day, worth approximately £5 million per month.