Categories: iGaming

888 push on with Poker & Casino increase

888 Holdings said first-quarter revenue rose 25% as more people opted to use their services and gamble online even through an economic slowdown.

The company had 11.3 million casino, poker and sport real money registered customer accounts as on March 31, an increase of 23% from a year earlier.

Revenue up nearly $20 million from last year

888’s consumer segment revenue rose 29% to $83 million in the first quarter, boosted by its casino and poker brands, the company said in a statement.

888 said overall revenue rose to $94 million from $75 million a year earlier.

“Trading during the first three weeks of the second quarter continued to be strong, with average daily revenue one percent higher than the first quarter 2012,” the company said.

Shares of the company, which recently named Brian Mattingley chief executive, fell 2% to 76.5p on Tuesday morning on the London Stock Exchange.

Staff

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