In the publication of its third quarter 2007 report, 888.com, the Internet gambling group based in Gibraltar has produced once again another lot of positive results.

During the quarter there was a rise of thirty seven percent to fifty two and half million dollars from thirty eight point three million dollars in 2006 in net gambling income, and with the start of the fourth quarter robust trading took place together with a large television ad campaign as well as the take-off of 888.it, the Italian targeted sportsbook. A positive portent for the next fourth quarter is the fact that in October the 888 activities witnessed a rise of eleven percent in day to day casino and poker incomes. 

Gigi Levy, the CEO, stated that the company is very satisfied with today's released results, considering that they came in the time of year which is usually the least active quarter. He further stated that the company is assured of it capabilities in 2007 and onwards as the ongoing unraveling of the state of the art product offers and the growth in international markets.

Backgammon and bingo incomes of four point nine million dollars was particularly noteworthy in comparison with the previous year's zero income; a rise of twenty four percent to forty seven point six million dollars, in comparison to 2006's thirty eight point three million dollars, from casino and poker revenues, while the quarter saw a rise of average per person spending of six percent to two hundred and twenty seven dollars by regular clients on the company's registers.

According to Levy, the net gambling income in the third quarter rose by five percent more than in the second quarter and since our departure from the United States this has been our finest month. In the wake of their television promotions this record month was overtaken in October with increasing impetus.

888.com has seen a growth of seventeen percent to 209, 811 participating players beyond the 2006 year third quarter, which totals four point four million dollars in actual cash; from September 30 an extra considerable expansion over the identical time last year was the result of more than ever total registered casino and poker participants.

In comparison with the one hundred and sixteen point five million dollars in 2006, when another one hundred and forty two point two million dollars were added to from poker and casino contributions, the current group net gambling income for the nine month period leading up to September 2007 manifests too a prominent expansion of twenty eight percent, namely one hundred and forty nine point three million dollars.

Posted on: November 2, 2007

Add This Gambling Article To:
Del.icio.us	Digg	Google	Spurl
Furl	Simpy	Y! MyWeb

Back to November 2007's archive
Back to latest News