Casino activity helps boost 888 quarterly revenues

Author: Live Casino Direct
 
Casino activity helps boost 888 quarterly revenues
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Online gambling firm 888 Holdings said its revenues improved over the past three months. Chief executive Itai Pazner described it as a period of ‘outstanding strategic progress’ after 8888 secured a £2.2 billion deal to buy William Hill International last month.

888 Holdings' revenues rose 7% to £166.9 million in the three months to September 30. Chief executive Itai Pazner described it as a period of ‘outstanding strategic progress’ after 888 secured a £2.2 billion deal to buy William Hill International last month. The company launched more than 150 new games to a positive response. However, 10 million dollars will be knocked off profits for the year due to change in Dutch gambling regulations at the start of October.