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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…"

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