But its shares fell after the company said that a major shareholder was cashing in 17 million of the shares it received on selling Sportingbet its Paradise Poker Web site in 2004.
Finance Director Andrew McIver told a conference call Sportingbet would soon launch new casino-type games to broaden its existing portfolio, which already includes roulette, sports betting and the world's number four poker site, Paradise Poker.
Profit before tax rose to 27 million pounds ($47.1 million) in the three months to Jan. 31, while its average poker commission rose 107 percent to $542,000 a day."
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