Online gaming provider 888’s group revenue rose to an all time record of US$114m in the third quarter – an increase of 22% year on year.
B2C revenues rose to US$98m – an increase of 19% year on year – while B2C Casino revenues increased to US$56m – up 23% year on year.
B2C Poker revenues were 3% up at US$23m as the group continued to maintain its No. 2 position in global liquidity rankings.
B2C Bingo revenues rose to US$11m – an increase of 9% year on year, continuing the recovery of its Bingo operations.
Other highlights:
– Q3 revenue B2C Emerging Offering at US$9 million (Q3 2013: US$5 million), an increase of 84% year on year, lead by strong Sport performance, reflecting a successful FIFA World Cup and leveraging our newly integrated Sport platform capabilities.
– Q3 revenue B2B at US$16 million (Q3 2013: US$11 million), an increase of 41% year on year driven by US operations and Bingo
– Number of active customers B2C Casino and Poker at 584,000 (Q3 2013: 498,000), an increase of 17% compared to Q3 2013
– As at 30 September 2014, 888 had 17.3 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 16% from 30 September 2013
Chief executive Brian Mattingley said”I am delighted to report that 888 has continued its strong performance in Q3, delivering an all time quarterly revenue record of $114m. This was driven by an outstanding performance from Casino, reflecting our leading product and superior technology, as well as impressive growth in Sport, our B2B business and Bingo. “We continue to build customer numbers reflecting the core strengths of the 888 brand, our leading product offer and CRM systems. With our highly skilled and innovative team, we continue to look forward with confidence as we further develop the business.”
source : www.moneyam.com