888 Poker, Casino Revenue Stun Investors: Share Price Rises 14 Per Cent

Written by:
Aaron Goldstein
Published on:
Jul/13/2012
888 Poker, Casino Revenue Stun Investors:  Share Price Rises 14 Per Cent

The week ended solid for 888 Holdings, parent company of the world’s 4th largest online poker venture, 888Poker.com. 

Cake-Square-010712.jpg

Stocks sored up 14 per cent on news that company profits were “materially ahead”, due in part to a strong presence in the Spain market.

The firm is now the second-biggest player in the Spanish poker market after PokerStars.

Simon French, an analyst at Panmure Gordon , upgraded his full-year ebitda forecast for 888 by 22pc to $56.1m immediately following Friday’s announcement. 

888 is also forging relationships with US-based casino firms in hope of the market becoming more regulated in 2013.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Premier Per Head Offers Custom Pay Per Head Reports, Top Customer Support

If you are an independent sports bookmaker, then you are probably already familiar with the role a Pay Per Head site plays in the day-to-day administrative end of the business.

Discover the Best Bookie Software Solutions with Complete Mobile Access

The continued growth of the Internet sports betting industry has paved the way for independent sports bookmakers to also flourish when it comes to the personal level of service and attention to detail they can provide for today’s sophisticated sports bettor.

How Online Bookies Add IAAF to Their Book Profitably

Why should IAAF be highly considered for online bookies.Essential knowledge to make more profit - understand what IAAF is, and why it’s profitable.

Learn How USA Bookies Can Make More Cash with Pay Per Head Player Activity Reports

Running your own independent sports bookmaking business can be a very lucrative proposition as long as you have the right Pay Per Head site handling the day-to-day administrative end of things through their sportsbook software solutions.

Local USA Bookies Can Use Same DGS Software Used By the Major Sportsbooks Online

Local USA Bookies Can Use Same DGS Software Used By the Major Sportsbooks Online

Being successful in any business is all about creating a competitive edge that gives you a distinct advantage against anyone else trying to provide the same product or service.

Syndicate