888 Starts 2013 in Fine Style
The financial results for the first quarter of 2013 have just been released by 888 Holdings PLC, and they show a very healthy start to the year.
In fact, 888 have raked in record amounts of cash in the first three months of 2013 and their growth shows no sign of stopping. Perhaps the most important figure of all was the $103 million quoted as being the group revenue. This is a 9% increased from last year’s figure.
Of all that cash, $48 million came from casino playing and $24 million from poker. The casino revenue was due to a 13% increased and the poker money shot up 15% from last year. The casino performance was boosted by their launch in the Italian market and the poker results by their winter marketing efforts.
12% More Customers
The number of active customers when the 888 online casino and poker operations is 634,000, which is a 12% increase from the 1st quarter of 2012.
Brian Mattingley is the CEO of 888 and he said that this is a “fantastic set of results”. He pointed out that their excellent product offering” and “constantly innovative marketing are among the big reasons why they are managing to keep on growing and why they are well positioned to take advantage in the future of “positive regulatory developments” which the industry could bring in the future. All in all it seems that it was a positive first quarter for 888 and that the future looks pretty promising for the giant betting firm too.
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