{"id":104,"date":"2024-06-14T13:41:20","date_gmt":"2024-06-14T10:41:20","guid":{"rendered":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/14\/888-holdings-reports-revenue-surge-driven-by-casino-and-sports-betting-growth\/"},"modified":"2024-06-17T13:16:21","modified_gmt":"2024-06-17T10:16:21","slug":"888-holdings-reports-revenue-surge-driven-by-casino-and-sports-betting-growth","status":"publish","type":"post","link":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/14\/888-holdings-reports-revenue-surge-driven-by-casino-and-sports-betting-growth\/","title":{"rendered":"888 Holdings Reports Revenue Surge Driven by Casino and Sports Betting Growth"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/uwfODJPn6dU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>888 Holdings experienced a revenue surge of 9% in the initial six months of 2017, fueled by substantial expansion in its casino and sports wagering products. This online gaming provider, which possesses a portfolio of brands such as 888poker, 888sport, and 888casino, declared earnings of $270.1 million for the half-year concluding June 30th, a rise from $262 million during the corresponding period in the previous year.<\/p>\n<p>Although poker witnessed a marginal 1% increase, the casino and sports betting sectors were the standout performers, registering year-on-year growth of 11% and a significant 45% respectively. This underscores the growing trend of casino games and sports wagering evolving into increasingly favored modes of digital entertainment.<\/p>\n<p>The firm&#8217;s business-to-business operations did encounter a minor revenue decline, but this was counterbalanced by the robust performance of its consumer-oriented activities.<\/p>\n<p>Despite confronting a record penalty from the UK Gambling Commission due to deficiencies in its management of at-risk gamblers, 888 Holdings maintains a positive outlook on its future trajectory. The company is dedicated to enhancing its responsible gaming protocols and expresses confidence in its ability to sustain business growth in a responsible manner. <\/p>\n<p>Notwithstanding recent obstacles, Itai Frieberger, the chief executive of 888, maintains a hopeful outlook. He emphasized the firm&#8217;s sustained financial and operational expansion in the initial six months of 2017, noting a 9% increase in revenue when adjusted for currency fluctuations. Frieberger ascribed this favorable outcome to the ongoing growth of 888&#8217;s primary casino operations, the robust performance of its 888Sport segment, and a respectable contribution from poker. This positive trend, coupled with the stability of the group&#8217;s established business framework, instills confidence in the board regarding 888&#8217;s capacity to generate further expansion and attain its objectives for the entire year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>888 Holdings experienced a revenue surge of 9% in the initial six months of 2017, fueled by substantial expansion in its casino and sports wagering [&#8230;]<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Cashes In: Revenue Soars 9% in 2017 \ud83c\udf89<\/title>\n<meta name=\"description\" content=\"888 Holdings is on a roll! \ud83e\udd11 Their casino and sports betting products are killing it, driving a 9% revenue surge in the first half of 2017. 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