Tag Archives: 888 Sport

888 delivers 40% H1 profits jump but warns of tough year-end landing

888 Holdings

888 Holdings maintains confidence in achieving its full-year revenues and earnings expectations ’, as ‘tougher comparatives approach during the second half of year trading, in light of ‘exceptionally strong performance in both betting and gaming revenues during 2020’. Publishing its H1 Interim results 30 June, total group revenue increased by 39% in comparison to $528 million (H12020: $379m), as 888 …

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‘Product leadership strategy’ in regulated markets key to 888 success

SBC News ‘Product leadership strategy’ in regulated markets key to 888 success

888 Holdings has published its full results for the year ending 31 December, reporting strong growth driven by success in regulated markets and a varied product range. The FTSE250 group’s overall revenue increased to $849.7 million, up 52% from the 2019 figure of $560.3 million. In addition, the firm reported adjusted EBITDA of $155.6 million – or 18.3% – up …

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888 declares ‘outstanding performance’ as company hits record revenues for H1 2016

SBC News 888 declares 'outstanding performance' as company hits record revenues for H1 2016

Publishing its half year 2016 results (period ending 30 June), 888 Holdings governance has declared a record revenue performance driven by ‘outstanding casino and sports growth’. The FTSE-250 operator would post group revenues of $262 million up 19% on corresponding H1 2015’s $220 million. The firms record-breaking revenue performance would translate to a period EBITDA of $38 million (H1 2015: …

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