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Casino News
A Leading Internet Advertising Group, Issues a Trading Update Ahead of the Group's Preliminary Results for the Year Ended 30 September 2007
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Trading has been in-line with market forecasts for the year and operations continue to perform well following a strong return to operating profitability during the second half of the financial year.
In addition, the Group has made a significant exceptional pre-tax profit of approximately £2.5 million in the 2007 financial year, following the successful sale of the Casino.co.uk business. Additional consideration of up to £0.625 million may also be received by the Group during the 2008 financial year if the assets sold achieve certain pre-agreed targets during the first six months' trading.
The Group ended the 2007 financial year in a very strong financial position with over £6.5 million in cash.
Website Publishing - Media Corp has a diverse publishing division specializing in online media. Our impressive portfolio of websites includes a number of market leading sites including Gambling, Credit Cards, TV Guide and Flight Comparison.
Online Advertising - Formed in 1996, Eyeconomy specializes in mass reach campaigns to over 30 Million unique consumers per month via its own proprietary ad-serving and tracking technology for clients including AOL, Dell and American Express.
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