As an online casino gaming company that just about everyone knows, 888 looks set to stick around a while longer. Their impressive momentum in the online casino industry shows no signs of slowing down, with only the UK arm of their business struggling as the British casino industry goes through a significant adjustment. Their latest results, though, are mostly positive in just about other way.
For example, revenues were up by around $14m, from $146.7m to $161m. Meanwhile, their sports revenue was boosted from $33.7m to $37.5m: another impressive jump. However, if you were to take the UK out of their revenue figures, then the boost overall is much larger. With the UK, casino growth is around 10%; without the UK, it’s a much larger 24%.
Revenue from any regulated market at the moment makes up around 70% of their revenue, while 888 is also seeing some impressive jumps in their B2C customers and deposit levels. So, at the moment, it would be fair to say that 888 has witnessed quite a staggering jump in performance over the last year.
Speaking about this was Itai Freiberger, the CEO of 888, who said: “We are pleased with 888’s performance during the first half of the year which has resulted in further progress against the group’s strategic objectives. 888 has continued to focus on enhancing compliance and customer protection, delivering growth in regulated markets and exciting product innovation.”
For 888 users, things are certainly progressing nicely.
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