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Industry News

by Brendan Murray |  Published: Nov 01, 2010


888 Holdings, the Israeli-owned gaming operator, which owns 888 Poker, has reported first half 2010 poker revenue down 25.2 percent to $19.6 million. This compares to $26.2 million in the first half of 2009. No other key performance indicators were reported by 888 but the company said, “Trading in August has been significantly stronger than in July, with a double digit daily revenue increase especially in casino and poker. Boosted by the release of the new platform, Poker has seen an increase of more than 15 percent in revenue in August.” Gigi Levy, chief executive officer of 888, said, “Our business experienced a difficult first half against the backdrop of a challenging economic environment, with trading impacted by a number of factors including general online poker weakness, adverse F/X movements and, in relation to Poker and Casino in Q2, the FIFA World Cup.” The first half of 2010 was a ...

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