According to the Adelaide Advertiser, the Australian wagering and online gambling firm Centrebet International is forecasting a net profit of as much as $13.6 million this financial year and is on the acquisitions trail and moving forward.

Graham Kelly, the Centrebet chairman, told shareholders that the company was confident of achieving a net profit of between $13 million and $13.6 million in fiscal 2008.

Kelly said that despite the strengthening Australian dollar, gaming revenue was slightly ahead of expectations with continued strong growth, particularly for the online casino product.

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