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Sport continues to provide a big opportunity for 888
Thursday August 7,2014 : 888 CEO BULLISH ON COMPANY'S ONLINE SPORTS BETTING PRODUCT
"Sport continues to provide a big opportunity for 888," says Mattingley.
888 Holdings chief executive Brian Mattingley remains bullish on the prospects for his company's online sports betting venture 888Sports, telling reporters in a conference call Wednesday that his company's Emerging Offering division, which includes the sportsbook product, generated $7 million in revenues - up 15 percent - in Q2-2014.
“Our Sports betting offer once again performed well during quarter two, in line with our ambitious goals and expectations," Mattingley said.
"Sport continues to provide a big opportunity for 888, both in terms of revenue and market share growth and we are continually looking at ways to further improve our offer.”
Elaborating on the company's sports betting plans, chief operating officer Itai Frieberger, said that efforts would continue to improve the product in order to make it ever more competitive in a saturated European market. He also disclosed that further licensing in more recently emerging European regulatory jurisdictions was being considered.
“We see a lot of opportunities in the sports betting market and this is just the beginning of our product," Freiberger said. "I think there is much opportunity here for 888Sports to take advantage of market conditions. We are opening up more territories and allowing more people to find what they’re looking for when it comes to Sport, and we're ramping up marketing spend on the vertical."
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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