888 Holdings Celebrates a Successful 2017 with Revenue Growth and Expansion

0

The year 2017 proved prosperous for 888 Holdings, as their total income experienced a 4% surge fueled by robust performance in their internet casino and a remarkable 45% leap in revenue from sports wagering. Despite incurring penalties from the UK Gambling Commission, their modified earnings still witnessed a substantial 12% rise. Chief Executive Itai Frieberger expressed great enthusiasm regarding the outcomes, labeling it yet another banner year for the enterprise.

The 888 collective is flourishing, especially in the wagering, athletic wagering, and controlled sectors. They’ve executed astute maneuvers, such as withdrawing from specific regions, yet their overall display is commendable. This truly illustrates 888’s flexibility, owing to their advanced technology and skilled personnel.

They recently debuted a poker platform in Italy, 888poker.it, supplementing their existing casino and athletic wagering offerings. Spain is another triumph, yielding over 12% of the collective’s income, largely propelled by robust casino and athletic wagering brands.

Athletic wagering remains a highlight for the collective, with income surging 45% year-over-year. They’re witnessing steady expansion, with average daily income up 6% since the year’s commencement, or 8% excluding the markets they departed.

In summary, 888 is favorably positioned. They’re versatile, diverse, and possess the technological prowess to expand. The future appears promising, and the board exudes confidence regarding the upcoming year.

Leave a Reply

Your email address will not be published. Required fields are marked *