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

Recent Posts

The New Era of Player Engagement

It is fascinating to watch how quietly but radically the iGaming landscape is shifting. Not…

1 hour ago

A Conversation with Simon Westbury

Trust, Transparency and the Long Game I sat down with Simon Westbury, Strategic Advisor to…

1 hour ago

An Interview with Honoré Gaming CEO Christophe Casanova

In 2013, when Honoré Gaming was set up, the iGaming sector was mainly taken up…

2 hours ago

Alea Strengthens Platform with AvatarUX Partnership

Alea has partnered with AvatarUX to further strengthen its aggregation platform. The partnership will see…

2 hours ago

DeGaming appoints Édi Varela as Commercial Director

DeGaming, the Web3-native iGaming platform provider, has appointed Édi Varela as Commercial Director as the…

3 hours ago

Matchbook Completes Acquisition of BetDAQ

Betting exchange operator Matchbook has completed its acquisition of fellow exchange BetDAQ for an undisclosed…

4 hours ago