On the Right Track
Ever since the establishment of 888.com, joining the range of online casinos and
gambling operators, the result of the latest quarter’s revenue is the highest in
history. The gambling group was able to show outstanding performance for the
ninth month of 2011; a really benchmark and accomplishment for the online casino
gambling operator. On the trading side, the management of 888.com remarked that
its performance is going strong through the end of the year. The result of their
EBITDA for the fiscal year ending December 31, 2011 is expected to be ahead of
other companies operating in the current market.
During its interim statement, 888.com announced several interesting highlights.
Obviously, at the top of the list is the group revenue, which showed a 42
percent increase compared to the same period as last year, at $86 million. For
its B2C revenue, the company gained 45 percent increase at $74 million. For the
revenue of its B2C online casinos, the company gained 41 percent increase, or
$37 million. B2C Poker’s revenue received a staggering 120 percent increase or
$18 million. This massive increase is perhaps due to the success they have with
the new platform, Poker 6. As for its number of active customers in both the
online casino and poker, the number increased by 167 percent, or 442,000
players.
The real money customers at 888.com’s various internet casino sites also showed
an increase at 24 percent, or 10.1 million accounts being registered. According
to Brian Mattingley, the deputy chairman of 888.com, the excellent quarter the
company has achieved is attributed to their focus on core competencies. It is
this strength that they have in all platforms that allowed them to position
themselves right for the future.
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