888 Casino Announces a 7% Rise in Revenue
Posted on September 19, 2013 at 12:09pm
Gaming operator 888 Casino (read our review) has announced that it has achieved an increase in revenue for the first half of this year, highlighting that its casino and Poker divisions were key contributors to their impressive growth. Compared to the same period last year, 888 saw its revenue rise 7%, with sales growing in the first six months of 2013 to CA$200.1 million, up from CA$186.4 million in the same period last year. 888’s CEO, Brian Mattingley, said that the strong sales were the result of the company’s casino and Poker products, as well as strong growth in its mobile sector. Mattingley said: “Record revenue for the first half has been driven by the continued strength of our core casino and Poker products, and our ability to maximize revenue through our exceptional platforms and best-in-class marketing systems.
“We are making good progress in new markets with tremendous success in Spain and Italy where we see further opportunities for growth. “These experiences have given us further confidence in our ability to capitalise on the exciting US opportunity which continues to develop and we believe our strategy and partnerships ensure that we are well positioned to maximise market share as that market becomes regulated.” Mattingley also revealed that 17% of 888’s UK wagers are placed on mobile devices and he hopes that the company’s UK mobile share will double in the next year and a half. 888 is continually improving its mobile Poker product and recently updated its App so it provides access to the same tournaments available on its desktop client.
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