888 Holdings Plc, the gambling group based in Gibraltar, announced on Thursday that the mid year's trading went according to anticipation and that is it feels sure about the rest of the year's outlook.

On September 10, the firm intends to deliver its mid-year statistics.

Since last October, Internet firms have been having a hard time due to the legislation which Congress enacted and which prevented American residents from making commercial deal with firms that gamble online. Till that time, 888's sales included fifty five percent of American customers. 

According to the Financial Times in its review of the trading report, despite the fact that the expanding attractiveness of Internet poker, the remainder of the globe, raised in the first quarter, net gambling income to forty seven million dollars, namely, by nineteen percent, 888, since October, has found itself the focus of constant speculating wagers.

Negotiating with Ladbrokes during six months over a potential deal for acquiring the land-based gambling group, the group left the negotiations with its Internet contender in April afraid that its possible American lawful commitments could be Ladbroke's future "inheritance".    

Following the termination of the negotiations, the 888 chief executive, Gigi Levi, stated that the group will seek its own possible purchases.

In April the group acquired the Internet bingo concern of Globalcom for forty three million dollars.

According to 888's previous month's statement, it had started negotiations with the legal authorities in the United States in its effort to remove the danger of any potential activity against the firm for its activities in the United States. Regarding the status of these negotiations, the group, in its commercial latest posting, provided no clues.

Posted on: July 23, 2007

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