2Q has started in line with expectations

888 reports record revenues

2013-04-24
Reading time 49 seg
(UK).- 888 reported a 9% increase in first quarter revenue, to a record us$ 103 million, following what it described as 'strong demand' across the company. The Gibraltar-based company's business to consumer (B2C) casino, poker and emerging offering increased 10% to us$ 92 million, with the number of active customers for B2C Casino and Poker rising to 634,000 during the quarter.

Revenue B2C Casino climbed 13% to us$ 48 million year on year, boosted by the launch of slots in Italy, while revenue B2C Poker rose 15% to us$ 24 million, driven by successful winter marketing campaigns.

The online gaming firm CEO, Brian Mattingley, said: "These are a fantastic set of results across all key metrics. Our excellent product offering, supported by our constantly innovative marketing and CRM capabilities, has helped us to deliver consistent growth and has positioned us well to take advantage of positive regulatory developments."

The company said the second quarter has started in line with expectations with daily average revenue during the first 20 days of April more than 3% above April 2012.

"Our performance continues to be led by our core casino and poker products and we are continuing to experience increases in customer deposits, bets and first time depositors," it explained.

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