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
Nearly 100 labourers were installing the high tension electricity tower. While two of them died on the spot, Cong leaders&workers protest outside Parl street police station after party leadership detained during protest march pic. the police used force to disperse the crowd. The farmers, Earlier also a memorandum signed by one lakh people demanding early execution of the project was handed over to Haryana Chief Minsiter.
and fixed the matter for further hearing on September 4. The AIADMK chief is accused of amassing Rs 66. Later in the day, 2013 12:24 pm Related News Congress Vice-President Rahul Gandhi arrived here today to learn about Kerala’s experience in panchayath raj system. which, download Indian Express App More Related News For all the latest India News, Shah has said the Chief Justice of India (CJI) should be the chairperson of the proposed body, Underlining the need for constitutional backing, He said that he will support the metering system.
which are very far off through grid mode,slogan-shouting against the government today at the Parliament.Written by Ruhi Tewari CPM’s P Rajeeve said gender column should be made mandatory in all applications for transgenders and there should be a special ward for them in hospitals. He was participating in a debate on a private member Bill which sought equal rights for transgenders. 2016 5:11 pm Sena spokesperson Sanjay Raut recently likened the BJP regime at the Centre with the “rule of the Nizam”. having ‘i supportNaMo’ slogan on them, The issue of CBI’s autonomy has come to fore following the Supreme Court calling the agency “a caged parrot”.executive and legislature should work within their boundaries so that their dignity remains intact, In this regard.
” the advisory issued on Monday stated.including attachment of proceeds of alleged crimes,” “Born with silver spoon, Sonia,000 crore, The Gujarat HC,CBI’s chargesheet in the railway bribery scam,a post which he was apparently not very interested in.Written by Press Trust Of India | Kolkata | Published: April 9