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Bwin.party Announces Two Percent Increase in EBITDA Despite Declining Revenues

In its unaudited results for the six months that ended June 30, 2015, Bwin.party digital entertainment plc reported €47.3 million in Clean Earnings Before Interest Taxes and Depreciation (EBITDA), which represents a two percent increase from the €46.4 million in Clean EBITDA reported for the same period in 2014.

This is certainly good news for bwin.party, the operators of many popular brands including partypoker and bwin, but even more so for the two companies — 888 Holdings, the operator of 888poker and GVC Holdings, the operator of many brands including Sportingbet — currently engaged in a bidding war to acquire the company.