Mirada Ahead

01/06/2009		Mirada Ahead
Home History Games News Dictionary		With the end of 2008 came the tedious duties of companies all around the world analyzing just how hard they were hit by the economic crisis, and online gambling groups are now beginning to publish their number as to the success or failure of 2008 on their profits. One of the first to advertise their growth is online interactive media a games group Mirada Gaming plc, which credits much of their triumph this year in cost decrease, and profit increases to their wise merger with Spain-based Fresh Interactive Technologies. The report gives a complete reading of numbers from their gross profits up to £2.8 million from 2007’s £2.2 million, to the finals results of their restructuring to show losses before interest, tax, depreciation, etc down from £1.6 million to this year’s £525K. The report is listed as over a six month period in 2008, ending the 30th of September. The London based firm did however show a drop in net gaming income, which was explained by a huge win by an internet gamer in the amount of £100,000, bringing the NGI to £278K down from £489K last year. The reading also goes on to detail significant landmarks in the growth of the online gambling company throughout 2008 including, • A new contract developed with a major cable operator based in the Middle East • Successful progress in continuing the development of Spanish and UK markets, including products for new demographics • The lucrative launch of Bingo Night Live on British television network ITV1, resulting in a stronger relationship with the channel • A completed move to the new Mirada headquarters in the UK, including upgrades in custom built studios and the best available technology for support The Chief Executive Officer for Mirada made a statement in relation to the report on 2008’s overall success: “We have finally integrated our operational and commercial teams into a global organization, and the expansion of the Media business unit is very promising,” he said. “We have exciting new opportunities to pursue in Asia, Europe, North America and South America, and we expect to report positive news arising from these during the coming months.”

01/06/2009

Mirada Ahead

With the end of 2008 came the tedious duties of companies all around the world analyzing just how hard they were hit by the economic crisis, and online gambling groups are now beginning to publish their number as to the success or failure of 2008 on their profits.

One of the first to advertise their growth is online interactive media a games group Mirada Gaming plc, which credits much of their triumph this year in cost decrease, and profit increases to their wise merger with Spain-based Fresh Interactive Technologies. The report gives a complete reading of numbers from their gross profits up to £2.8 million from 2007’s £2.2 million, to the finals results of their restructuring to show losses before interest, tax, depreciation, etc down from £1.6 million to this year’s £525K.

The report is listed as over a six month period in 2008, ending the 30th of September. The London based firm did however show a drop in net gaming income, which was explained by a huge win by an internet gamer in the amount of £100,000, bringing the NGI to £278K down from £489K last year. The reading also goes on to detail significant landmarks in the growth of the online gambling company throughout 2008 including,
• A new contract developed with a major cable operator based in the Middle East
• Successful progress in continuing the development of Spanish and UK markets, including products for new demographics
• The lucrative launch of Bingo Night Live on British television network ITV1, resulting in a stronger relationship with the channel
• A completed move to the new Mirada headquarters in the UK, including upgrades in custom built studios and the best available technology for support

The Chief Executive Officer for Mirada made a statement in relation to the report on 2008’s overall success: “We have finally integrated our operational and commercial teams into a global organization, and the expansion of the Media business unit is very promising,” he said. “We have exciting new opportunities to pursue in Asia, Europe, North America and South America, and we expect to report positive news arising from these during the coming months.”