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eGaming Society
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888 Holdings’ Positive results

888 Holdings, an iGaming leading operator announced a good news for them when they released their interim financial report for the third quarter of 2011 that showed a 42% increase in total revenues to $86 million when compared to last year. 888’s business-to-consumer operations revenues also went up by 45% to $74 million over last year’s figure and according to 888, this was a good reason why their revenues increased.

The business-to-consumer revenues saw a 12% increase quarter-on-quarter and the total revenues for the 9 months of 2011 increased by 26% to $240 million when compared to last year’s figure. 888’s business-to-consumer casino operation improved 41% to $37 million over last year while their business-to-consumer poker offering earning swelled by 120% to $18 million when compared to the same time last year.

888 also saw an increase in active customer for their business-to-consumer poker and casino operations by 167% to reach 442,000 over last year and a 24% rise in total clients to 10.1 million when compared to last year.

Brian Mattingley, 888’s Deputy Chairman stated that “the continuing focus on our core competencies has led to another excellent quarter and the highest quarterly revenue ever achieved in 888’s history.”

“Our compelling offering and successful marketing campaigns have helped to build on our outstanding first nine-month performance and drive player numbers to record levels. Strength across all of our platforms leaves us well positioned for the future.

“Trading has continued to be strong into the fourth quarter and as such we expect that clean earnings before interest, tax, depreciation and amortisation for the financial year ending December 31, 2011 will be significantly ahead of current market expectations.”

eGaming Society is a fully comprehensive iGaming Directory and iGaming Job Board for the eGaming Society. Whether you are in the Industry, or a igaming supplier, eGaming Society is an ideal reference for the Gaming Industry.

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