CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

888 bounces back, scraps dividend

1 September 2010

LONDON, England -- 888 Holdings may have bounced back after its World Cup slump but still decided against dividend payment, The Independent reported.

888 Holdings revenue rose 10 per cent to $130 million but profit was down 56 per cent, The Independent said.

888 cut $6 million in costs to try to stabilize its situation, this is now paying off the company said.

Concern over regulation in European markets was the reason not to pay out a dividend, The Independent noted.



< Gaming News

888 bounces back, scraps dividend is republished from iGamingNews.com.