First half pre-tax losses at Devilfish Gaming fell to £229,183 - down from £362,577 a year ago.

Turnover for the six months to the end of December rose to £476,248 - up from £237,599 in 2008.

Operating losses fell to £229,091 from £370,172.

The pre-tax loss of its Devil Fish Poker subsidiary was £62,294 - down from £162,284 last time.

Chief executive Paul Barnes said: "We have continued to operate the business on a very low burn with little or no spend on marketing, whilst we pursue the agreed strategic course of growth via strategic investments and partnerships.

"The latter includes mergers, acquisitions, and B2B deals.

"We are very happy with the potential that the new B2B relationship with Germany's Gauselmann Group could have."

Source: www.businessfinancialnewswire.com

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