The loss on turnover of £7.15m ($10.2m/EUR11.5m) was in line with analyst expectations after a five-month period to December 31, 2001 in which the company acquired both Sportal and Sporting Life.
"The synergies between the provision of digital sports content and betting services are working well and ukbetting has experienced continued revenue growth in January and February of 2002," said chairman Sir David Sieff.
Ad revenues have increased 300 percent since the start of this year, the company said, partly due to the launch of www.bettingzone.co.uk, which has struck deals with Bluesquare, Eurobet and Aspinalls for the first time.
A full interview with ukbetting's David Annat will be posted in the features section of sportbusiness.com
