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8 April 2009

Online gambling group, 888 Holdings, have reported a 6% increase in their annual pre-tax profits, a rise which they have attributed to their Poker division offsetting the losses of their casinos. The group reported a profit of $48.6 million, with revenues standing at $256.8million.

The news follows on from the announcement that 888 has made a deal with the horse racing trade publication called the Racing Post to provide online casino and Poker services. CEO Gigi Levy commented that although the current financial circumstances made operating difficult, he was confident that the company would continue to grow as a result of the new deal with the Racing Post and an additional 14 agreements that have been signed in the last year. These include an agreement with football pools operator Sportech.

 

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