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888 Poker Revenue Down 30 Percent in 2009

Dragonfish Performs Well But Poker Continues to Slump at


Shane Warne sponsored by today issued an interim statement with its key performance indicators for fourth quarter and full year 2009.

Total operating income from poker for 2009 was $52 million, down 30 percent on the $74 million generated in 2008.

Fourth quarter (Oct. to Dec. 2009) operating income from poker was $13 million, down 11 percent compared to the $15 million generated in the same period of 2008 but up 3 percent compared to the previous quarter.

The number of active customers in the business-to-consumer poker business was 132,000, down one percent on the previous quarter while quarterly total operating income per active customer in the business-to-consumer poker business was $98, up five percent on the previous quarter.

Dragonfish, the business-to-business unit at 888 which recently struck a deal with Lex Entertainment to its online poker site, took in $14 million in the fourth quarter of 2009, up 36 percent on the same period of 2008.

Group income generated by all businesses was down six percent to $247 million in 2009 compared to $263 million in 2008.