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Betbull pleased with consistent levels of turnover

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The online betting exchange and retail bookmaker operator announced its unaudited half year results showing net gaming revenues of EUR 6.7m slightly down compared to the same period last year (H1 2006: EUR 7m), whilst EBITDA increased significantly to EUR 0.3m against a loss of EUR 0.9m in 2006. Loss after tax fell from EUR 1.6m in 2006 to EUR 0.5m for the current year, despite exceptionally low hold margins in Q2.