Sales slump for bwin.party

iGaming Business – Online gambling company bwin.party has warned that its full-year turnover could slump by up to 17% as it streamlines the business to focus on markets where it can generate better returns. In its interim results, the company revealed that its earnings before interest, tax, depreciation and amortisation (EBITDA) fell year-on-year by a third to €60.7 million ($80.3 million) while total revenue dropped by 16% from €410 million to €342.5 million in the six months to the end of June. Sales dipped across all divisions, with sportsbetting dropping from €128.1 million to €118.3 million, poker falling from €96.4…