888 Sees Jump in Revenue

888 Holdings is pleased to release their latest financial figures today, which showed a large increase in revenues. Their financials represent their cumulative 2007 figures, and the increase the company reports is due to heavy online slots and gambling figures.

The company says that their Net Gaming Revenue has increased 35% to $213 million, and their Net Casino Gaming Revenue is up 33% to $118 million. Their Net Poker Gaming Revenue is also up 18% to $81 million.

The online slots and gambling company has two of the most popular online gambling sites – Pacific Poker and Casino-on-Net. Their CEO Gigi Levy says that the numbers are very exciting for the company and that they were doing much better than analysts had predicted.

Levy said that this was their first year of trading without any business in the United States and many expected a loss from the company. They say that this is proof that they can do well without the US push, and that they are stronger than anyone had given them credit for.

They say that the numbers are just one more positive step that the online slots and gambling company had experienced – having just been awarded “Best Betting and Gaming Company” from the Leisure Report Awards and “Casino of the Year” from both eGaming and the Gambling Online Awards.




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