888 Holdings Announce Record Revenues For First Quarter Of 2014

Posted by: CasinosOnline in Casino News

888 Holdings have today announced their first quarter revenue reports for 2014, and they make for great reading with their casino business showing a rise of 14% on the same period as last year, with the company as a whole reporting record first quarter revenues.

The reports released today show that 888 Holdings recorded total revenues of $114million for the first quarter of 2014, a figure that is 11% up on the $103million that was recorded for the same period in 2013. On top of those impressive figures the company also reported that business-to-consumer revenues increased too, with a 7% rise reported and figures now standing at $98million.

When broken down a little further the casino branch of 888 Holdings reported revenues of $54million, up 14% on the same period as last year, with Poker revenues also increasing by 4% to $25million and Bingo revenues up 2% to now stand at $12million.

Brian Mattingley is the CEO at 888 Holdings and he had this to say regarding his company’s latest revenue reports. He said, “I am pleased to report that Q1 was another strong quarter for 888, resulting in record quarterly revenue for the group. Our market-leading brands and excellent product offering, underpinned by our innovative marketing and CRM capabilities, has driven further growth in our core markets. Furthermore, 888 continues to be well positioned to capitalise on positive regulatory developments.”

A great start to the year for everyone connected with 888, and if they continue in the same vein for the remainder of the year it could well be another record breaking year for the online gaming company.