Question: How Much Do The Major Online Sportsbooks Make a Year?

spreadbeater · Jul 4, 2005

I was wondering how much the major offshore sportsbooks, (Pinnacle, Hollywood, BoDog, Cris, Olympic,) profit a year? Any ideas?

spreadbeater · Jul 4, 2005

?????

sherman · Jul 4, 2005

Last year Hollywood made $4,778,990.34

just playing, i don't know....

TTinCO · Jul 4, 2005

Spread, unless you are dealing with a publicly traded company, you're not going to get an answer from any books.

RPM · Jul 4, 2005

probably about 4% of on the action they booked...

TheNuts · Jul 4, 2005

You can see how much SportingBetUSA.com in their reports here:

http://www.sportingbetusa.com/annualreports.html

It's quite confusing, but interesting data.

As far as I can work out the 12 months ending March 2004 they made 56.8 million Pounds from sports betting approximately 5 percent of their 1051 million turnover.

Ie they made approximately 100 million US dollars in a Year profit.