{"id":44949,"date":"2021-03-18T09:07:07","date_gmt":"2021-03-18T09:07:07","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=44949"},"modified":"2021-03-18T09:07:07","modified_gmt":"2021-03-18T09:07:07","slug":"888-holdings-post-impressive-results-for-2020","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/888-holdings-post-impressive-results-for-2020\/","title":{"rendered":"888 Holdings Post Impressive Results For 2020"},"content":{"rendered":"

\"\"Online gambling firm 888 Holdings<\/a> posted impressive figures for the 2020 period showing a 52% rise in revenues<\/a> from $560 million in 2019 to $849.7 million in 2020.<\/p>\n

Casino<\/a> revenues rose 63% to $586.8 million representing the largest portion of revenues for 888, poker saw a rise 48% to $63 million and sports betting up 36% to $63 million for the year.<\/p>\n

Profits<\/a> before tax grew to $116 million representing a massive 118% climb, with adjusted EBITDA increasing by 69% to $155.6m.<\/p>\n

Itai Pazner the CEO of 888 Holdings said on the results: \u201c2020 was a landmark year for 888, with our team navigating the many challenges presented by a global pandemic to deliver record financial results, and significant progress against our strategic priorities,\u201d he went on to say.<\/p>\n

\u201cOur product-leadership strategy delivered outstanding results in 2020, with the launch of our ground-breaking Control Centre, our first-ever in-house sportsbook, and a totally new poker platform.<\/p>\n

\u201cOur focus on delivering safe, intuitive, content-rich and entertaining products is helping us to deliver a differentiated customer experience and supporting our market share gains in key regulated markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Online gambling firm 888 Holdings posted impressive figures for the 2020 period showing a 52% rise in revenues from $560 million in 2019 to $849.7 million in 2020. Casino revenues rose 63% to $586.8 million representing the largest portion of revenues for 888, poker saw a rise 48% to $63 million and sports betting up […]<\/p>\n","protected":false},"author":3,"featured_media":27544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8],"tags":[],"class_list":["post-44949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest"],"yoast_head":"\n888 Holdings Post Impressive Results For 2020 - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/888-holdings-post-impressive-results-for-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Post Impressive Results For 2020 - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Online gambling firm 888 Holdings posted impressive figures for the 2020 period showing a 52% rise in revenues from $560 million in 2019 to $849.7 million in 2020. 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