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
cultural industry in life, involving a very wide range of. According to the characteristics of the region, to give full play to their own advantages, the development of cultural industries, not only conducive to further promote the local culture, but also effectively promote the development of the economy.
Xiamen is the art of calligraphy and painting, cultural and creative as the foundation, vigorously develop the cultural industry, from April onwards, we open up "for series of reports of Xiamen art district", continuous depth visited Xiamen major art area, sort out the most intensive and most of life, the range of International Art District, from a the reflection of the development of Xiamen cultural industry in recent years.
at present, as the Xiamen culture brand construction Benchmarking Project under construction in Hester Art Center is all about the future, Hester, art center will become a Xiamen and Haixi important cultural name card, to promote the leapfrog development of cultural industry. In the last article of this series, we focus on the Xiamen antique art market.
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unique port trade advantages, convenient transportation, the more than and 130 square kilometers of the island of Xiamen district two, gathered more than 2 thousand antiques business, a large number of buyers and the size of the auction will also have to pay attention to Xiamen.
2009 years ago, Xiamen’s largest antique market non Bailuzhou antique, antique city after the relocation, the size of businesses have moved to other places, Xiamen antique city gradually increased, up to nine. This time we visited the Xiamen Antique City, Yuxin antique, Tang Song Antique City, Wanshou antique, antique city, east margin between Fujian and Taiwan and the Xia Shang Zhou Antique City Antique, different positioning, different style, mode of operation and status are not the same, basically represents the Xiamen antique market.
has several antique shops are open after Miss Lee told reporters, she is currently located in Xiamen Antique City, built and put into use soon, the hardware condition is good, but less traffic, management has also made a lot of efforts, such as the flea market, night market and regularly all kinds of exhibitions, seminars and other activities, but thriving still need time.
Tang Song Antique City Antique play overseas, which is known as the high porcelain and miscellaneous business groups, overall stability, high grade. The owners of this Internet plus two years to seize this new platform, to create a professional handheld auction and sales platform. There is a saying, Xiamen antique market is nearly saturated, in this regard, Tang Song Antique City responsible person Mr. Chen do not worry, from the positioning point of view, Tang Song merchants throughout the country for the antique business elites are optimistic about the Xiamen market, so the market potential is great.