CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

888 Reports Q3 Revenues Rose

1 November 2005

LONDON – As reported by AFX News: "888 Holdings PLC, the Gibraltar-based online gaming group, reported a 56 pct rise in third quarter revenues and said its business continued to perform in line with expectations.

"In a statement, the company said net gaming revenue rose to 70 mln usd, driven by a 178 pct increase in poker revenues.

"The company said the number of active gamblers visiting its sites rose 118 pct to 316,553.

"Though net revenue per active casino member slipped 1 pct to 458 usd, the company said that was to be expected at a seasonally quieter time of the year.

"…The stock has lost around 3 pct of its value since co-founders Aaron and Avi Shaked, and Shay Ben-Yitzhak and his brother Ron floated the company on the London stock exchange on Sept 29…"

< Gaming News