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888 Reports Q3 Revenues Rose1 November 2005LONDON – 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…" |