Revenue up 11 percent

888 announced record financial results

(US).- Online gambling operator 888 has announced revenues up to USD 114 million for its Q1 results, which represents a rise of 11 percent on last year and 7 percent on the previous quarter.
2014-04-11
Reading time 38 seg
(US).- Online gambling operator 888 has announced revenues up to USD 114 million for its Q1 results, which represents a rise of 11 percent on last year and 7 percent on the previous quarter.

888, which offers both B2B and B2C services, said that their revenues for the customer B2C sector rose 7% to USD 98 million with the casino platform up 14% to USD 54 million, poker up 4% to USD 25 million and bingo rising 2% to USD 12 million.

The company’s B2B division saw revenues up 43% to USD 16 million, helped primarily through its growing US online business.

Chief executive Brian Mattingley said: “I am pleased to report that Q1 was another strong quarter for 888, resulting in record quarterly revenue for the group. Our market-leading brands and excellent product offering, underpinned by our innovative marketing and CRM capabilities, have driven further growth in our core markets.

“Furthermore, 888 continues to be well positioned to capitalise on positive regulatory developments.”

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