Growth is a safe bet

Richard Flint, Chief Executive of  Sky Bet & Gaming. Picture James Hardisty.
Richard Flint, Chief Executive of Sky Bet & Gaming. Picture James Hardisty.
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Online gambling firm Sky Betting & Gaming has reported double digit growth across all of its products and revenue up 36 per cent to £247 million.

The fast-growing firm, which has 40 vacancies available in its Sheffield office, released full year results for the year ended June 30 2015.

They showed Sky Bet was up 56 per cent, Sky Gaming up 20 per cent and Oddschecker up 30 per cent.

Total customers increased to 1.48m and the average revenue per customer increased by 33 per cent.

The figures also showed 80 per cent of revenue was through mobile devices.

The firm employs 80 in the Electric Works in Sheffield city centre.

It has a total of 850 staff including at its headquarters in Leeds and offices in London and Rome.

It operates five brands, all of them online, including betting – mainly on horses and football – poker, bingo, slot machines and a casino.

Richard Flint, chief executive, said:“The business performed very well in 2014/15 and I am pleased that this momentum has not only continued into 2015/2016 but that we have seen accelerated growth in the first half of this financial year.

“As an independent company that has a strong relationship with Sky, we have continued to benefit from our Sky branding and links.

“During the year, we invested in both our technology and mobile platforms from our base in Yorkshire and this has helped drive our strong performance. We will maintain our focus on these two key areas in 2016 while also growing our team to ensure we are well placed to deliver another strong year of growth.”