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
in June 18th, is a Jingdong store anniversary day, from the beginning of last year, it seems 618 is not only the anniversary of Jingdong, is the price war between the electricity supplier chiefs. Compared with last year, tomorrow seems to be more lively, because this year’s slogan is very interesting, the Jingdong "do", Suning’s "stop", "hush" dangdang.com, fast and easy net "don’t blow", the United States online "don’t act" to Tmall’s "don’t", who is this buy a single, restless price war end whose heart hurt
gathered 618, electricity supplier bigwigs promotional
Mall: 6.17-6.19, member feedback, low lore, Lao special. Compared with the past, avoid the home appliance market, these three days, Adidas, BELLE, in Nike Tata, teemix flagship shoe bag and clothing special, 50 percent off cap, I ran out of tears.
suning.com: June 17th -6 month 21 days, 5 days and 5 nights, 500 million winds, is particularly striking. There are four points of promotion, the first easy to pay treasure recharge concessions, second single half price, the explosion is the first of the third models, the first is to promote the big household appliances, small appliances, the first 1 days of the top 100 million promotions.
6.16-6.18: dangdang.com end product, the highest audience full 300 minus 150, and another 80 brands 1 million coupons for free men and women, in addition to panic buying, underwear, shoes, bags of gifts, outdoor sports, Tong Ying Home Furnishing discounts ranging from 0.9 to 61% off.
Yi Xun network: June price look easy fast, especially eye-catching, from red to send billion yuan to lose your reporting prize, Yi Xun engaged in so awesome. For 618, the introduction of fast and easy appliances special coupons from $10 to $200.
: in June 9th, Gome online 14 days, 17 days, 18 days cash coupons, gift coupons every 8 and 24 hours and 18 panic buying, large appliances, 3C digital, kitchen life, daily full cut back to send.
Tmall Mall: Tmall’s Ho throw 400 million is not really a cover, a series of small activities are all heart, and then to 6.17-6.19 years of promotion, the cheapest of the 3 days. In particular, the future of digital home appliances, 5000 yuan back to $150 back to 24, the cumulative total of $20000 shopping for $4002000 and then return to $1200.
How awesome behind
, whose heart hurt
can be seen from the above activities, the main home appliance brand Jingdong unexpectedly in such an important day out of the 618 lakes. The price war is a dilemma, when the United States jointly Tmall, It is all up with Jingdong’s promotional business this year, it is Jingdong do not want to fight the fight, fight or not move.
for Internet users, 618 Online Shopping Festival is really happy, a huge turnover is also very awesome, but it doesn’t change the display business China miserable, their capital chain is tight, the electricity supplier war said advertising >