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Online casino helps 888 Holdings revenue increase

The online gambling company 888 Holdings reports 37% net gaming revenue increase.

Online casino helps 888 Holdings revenue increase Brighter days for the online gambling industry overseas, as one of the biggest Internet gambling companies, 888 Holdings Plc. (LON:888), reported 37% increase of the net gaming revenue during the third quarter of the year. The stable growth of the online casino part boosted the numbers, $29 million in net gaming revenue at the casino and $18.6 million at the poker room. By the end of September, the online gambling company has signed up total of 4.4 million new casino and poker customers - 32% increase from the same period last year.

 Recognized brands of 888 Holdings worldwide are Casino-on-Net, and Pacific Poker, but the company has just opened its first sportsbook, currently serving Italy, but if the growth of the industry continues, in other E.U. countries as well. Shares of 888 Holdings closed on Wednesday 2.49% up from the day before at 123.25.

 Published on 10/31/2007

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