One game not so beautiful for 888
Published Date:
05 August 2008
INTERNET gaming 888 Holdings yesterday blamed this summer's European football championships for a 10 per cent fall in revenues.
The company said net gaming revenue from its poker arm was $20 million (£10.2m) during the quarter to 30 June. This was the same sum as the same period a year earlier, and 10 per cent down on the previous three months.
Gibraltar-based 888 said the slowdown was "in line with general industry weakness during the Euro 2008 football tournament".
Revenues per active poker customer during the second quarter were 9 per cent down compared with the first three months this year, to $116.
Overall second quarter net gaming revenues were 4 per cent better at $67m thanks to a strong performance from 888's "emerging offering" operations such as bingo and sports betting.
The full article contains 141 words and appears in The Scotsman newspaper.
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Last Updated:
04 August 2008 9:22 PM
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Source:
The Scotsman
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Location:
Edinburgh
