{"id":69,"date":"2024-06-13T00:55:02","date_gmt":"2024-06-12T21:55:02","guid":{"rendered":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/13\/888-holdings-reports-strong-revenue-growth-in-h1-2017-despite-regulatory-challenges\/"},"modified":"2024-06-17T13:16:35","modified_gmt":"2024-06-17T10:16:35","slug":"888-holdings-reports-strong-revenue-growth-in-h1-2017-despite-regulatory-challenges","status":"publish","type":"post","link":"https:\/\/juicyvegasnodepositbonus.icu\/2024\/06\/13\/888-holdings-reports-strong-revenue-growth-in-h1-2017-despite-regulatory-challenges\/","title":{"rendered":"888 Holdings Reports Strong Revenue Growth in H1 2017 Despite Regulatory Challenges"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/HZOyX7DkkVk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>888 Holdings, a prominent online gaming firm, experienced a robust revenue surge of 9% during the initial six months of 2017. This upswing was driven by impressive results in their casino and sports wagering segments, which witnessed expansions of 11% and a substantial 45% accordingly. Although their poker section displayed more moderate progress, this was counterbalanced by the generally favorable trajectory. The enterprise did encounter a minor decline in its business-to-business area, but this was insignificant relative to the advancements achieved in other domains. Profitability also received a lift, with metrics such as adjusted EBITDA and pre-tax profit exhibiting positive movement. Nevertheless, it&#8217;s important to acknowledge that the company did declare a pre-tax deficit for the first half of 2017 owing to a considerable one-time expense. This expense stemmed from a record penalty levied by the UK Gambling Commission for shortcomings in their management of at-risk gamblers. <\/p>\n<p>Notwithstanding recent obstacles, 888&#8217;s chief executive, Itai Frieberger, maintains a hopeful outlook. He emphasized the firm&#8217;s ongoing revenue expansion and operational enhancements in the initial six months of 2017, citing a 9% revenue surge at constant currency rates.<\/p>\n<p>This favorable outcome, he elaborated, was primarily propelled by the steady growth of 888&#8217;s principal casino products, the remarkable performance of their swiftly growing 888Sport platform, and the consistent expansion of their poker offerings.<\/p>\n<p>With this impetus, and supported by the robustness of the group&#8217;s well-founded business framework, the board remains assured that 888 is strategically situated for sustained prosperity and attaining its objectives for the current year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>888 Holdings, a prominent online gaming firm, experienced a robust revenue surge of 9% during the initial six months of 2017. This upswing was driven [&#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 Reports Soaring Revenues in 2017 | Is Online Gaming Booming?<\/title>\n<meta name=\"description\" content=\"Online gaming giant 888 Holdings saw a 9% revenue surge in the first half of 2017, fueled by impressive growth in casino and sports betting. 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