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POSITIVE CASINO AND BINGO ACTION IN Q.2 RESULTS FROM 888

Quarter 2 revenues at 888.com were boosted by casino and other games offerings, according to a statement from the Gibraltar-based online gambling giant this week.
 
Key performance indicators include a 36 percent increase in total operating income to US$69 million (Q2 2007 $51 million), and net gaming revenues up 33 percent to US$67 million (Q2 2007: US$50 million).
 
Online casino action was an important contributor to group results, with NGR climbing 27 percent to US$35 million, whilst net gaming revenues from bingo and other emerging offerings rose a whopping 376 percent to US$12 million. The groups poker results from Pacific Poker were less salubrious, with a 10 percent fall in revenues from Q1 that management attributed to players spending more time weatching the Euro 2008 international football action on television. NGR from the group's poker arm was US$20 million.
 
The company boasts 169 898 active poker players, but revenues per active poker customer during the second quarter declined 9 percent on Q1 to US$116. The number of active casino players rose 1 percent to 77 837. The company had 5.2 million gaming accounts as of the end of June, up from 4.9 million three months earlier.
 
Overall group net gaming revenue for the six months to June 30 was up 35 percent to US$132 million.
 
The group said the third quarter had started well, with average daily net gaming revenues during the first 22 days of July 2 percent ahead of the second quarter.
 
Commenting on the results, 888 chief executive Gigi Levy said: “We are delighted with our Q2 2008 results, especially given that we achieved sequential quarterly growth during a period which is typically seasonally quiet and throughout the Euro 2008 championship. Our various strategic initiatives are progressing well, and given the good start to the third quarter and our clear business strategy, we are confident of delivering future growth during 2008."
 
Operational highlights over the period included a strategic partnership signed in June with Sportech and a white label agreement with PokerDome .



Gambling News :

Keimo Suominen Wins MPNPT Tallinn 2017 Main Event - Finnish online qualifier Keimo Suominen has taken the mantle of MPNPT Tallinn Champion from last year’s winner Ranno Sootla, winning €45,200 after a heads up deal with Davis Modans. They’d outlasted a field of 534; the total prize pool reached €258,990 – well over its €150,000 guarantee.

Foxium chooses Microgaming’s Quickfire platform - Game developer Foxium is integrating with the Quickfire platform via an exclusive deal.

14 Left in MPNPT Tallinn Main Event - All 14 players who have made it to the end of Day 2 in the MPN Poker Tour Tallinn Main Event can now consider themselves to have officially run deep.

Day 2 of the MPNPT Tallinn Main Event - Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

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