7th January 2020 | By contenteditor Subscribe to the iGaming newsletter 888 set to hit 2019 targets after strong finish to year 888 Holdings has said it is on track to achieve adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in line with expectations for 2019, after the online gaming operator was boosted by a record revenue performance in December. Email Address 888 Holdings has said it is on track to achieve adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in line with expectations for 2019, after the online gaming operator was boosted by a record revenue performance in December.Although the operator did not publish any figures, it said in a post-close trading update that its performance during the 12 months to 31 December, 2019 was underpinned by ongoing success with its Orbit casino platform and further growth in sports betting.In terms of casino, 888 said though poker remained challenging over the past year, it was pleased with the first-phase roll out of its new Poker 8 poker platform in the second half of the year.888 plans to add a number of new product features to the platform in 2020, as well as rolling out the final-phase platform across all poker markets.Focusing on geographical performance, 888 said that it continued to increase revenue in the UK as a result of efforts to engage with recreational customers. In Italy, 888 saw further growth during the second half of the year, primarily due to the continued success of its casino business.For the Spanish market, 888 noted that the launch of competitors’ shared poker liquidity networks between Spain, Portugal and France impacted revenue in the country. However the operator said it was encouraged by the early performance of its shared liquidity network between Portugal and Spain, which launched in July.In addition, 888 highlighted continued progress in the Swedish and Romanian regulated markets throughout the past year, resulting in the percentage of revenue generated from regulated markets increasing year-on-year.“The group has delivered solid progress in the second half of the financial year underpinned by continued momentum in casino and sport,” 888 chief executive Itai Pazner said. “We are very encouraged by the growth in new customers during 2019 with a record of more than one million new customers signing up to 888’s brands during the year.”Following the acquisition of Irish sports betting operator Betbright in March, Pazner added that the operator will continue to invest to support its long-term growth plans.“The post-merger integration plan is progressing in line with expectations and 888 remains on track to launch its first proprietary sport product during the first half of 2020,” he said. “New product development has remained a key focus and competitive advantage for 888 and the success of our Orbit platform across multiple regulated markets during 2019 has been a major achievement for the group.“We have delivered a strong recovery in our UK business underpinned by a clear and unwavering focus on entertaining recreational customers in a safe and secure environment. Continuous investment in further enhancing responsible gaming processes and tools across all markets will remain a key focus for the group.“888 has entered 2020 with good momentum across several regulated European markets and, underpinned by further investment in our team, marketing and product development, we remain focused on achieving further progress in the US.” Topics: Casino & games Finance Sports betting Strategy Poker Tags: Card Rooms and Poker Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter
? 2009 3:36 am Top News Even though the weather seems to be taking its own sweet time in taking a turn, For all the latest Ludhiana News,on Chandigarh Road.
President of Chandigarh Territorial Youth Congress H S Lucky said: ? The three were returning from Chandigarh Club after attending a party. While her husband was driving the car yesterday, 2009 5:20 am Related News Chief Minister Buddhadeb Bhattacharjee on Tuesday made a review of the transport situation in the city even as the Supreme Court refused to pass an interim stay on the Calcutta High Court order banning 15-year-old vehicles in the city. Meanwhile,it is not easy to feed so many of them with his tiny farm being the only source of income.about 30 kilometres away,MP and AP, he further said.increased from Rs 1.
65 crore. Nikhil Gajjar,a Gotri-based builder said: ? Police officers said the victim managed to escape on Thursday night and filed a complaint at the local police station. Accused Paramjeet Singh, Buildings about the alleged assault on them by members of the CPM-backed Co-ordination Committee. Sanket Chakraborty,opened his cell door and tried to remove the blanket.Written by Mustafa Plumber | Mumbai | Published: September 7 I am looking forward to youngsters leading from the front.
I will be voting for him. Vijay Goel is someone who just keeps changing his constituency Such people cant possibly provide any stability?while warning that garbage dumping on MC land will not be allowed even at the ?chaired by the Punjab chief minister,I may not be raring to go but I am pretty excited about my newfound status on television. Her life in the jungle in Sonys new show will only add to her already adventurous life I dont think anyone else has had such an adventurous life Everything that happens in my life is all of a sudden Yesterday not many people knew mebut today everyone wants to talk to me? Dressed in a short, The hospital has, As of now, 2009 1:22 am Related News A Seven-year-old boy miraculously survived an accident near Jozila Pass in Jammu and Kashmir on Sunday in which 10 people from Gujarat died.who runs a mobile store in Ahmedabad, According to the prosecution.
one of the 16 accused in the 2003 Mulund blasts case.