888 Holdings experienced a substantial revenue surge in the initial six months of 2020, primarily driven by robust results in their poker and casino sectors. The company generated $379.1 million, a 37% leap from the corresponding period the previous year.
The pandemic’s stay-at-home orders evidently led individuals to seek online amusement. 888’s poker earnings soared by 56%, reaching $361 million. Casino games followed closely, amassing $260 million, a 48% climb.
Although sports wagering initially suffered due to widespread event postponements, it is displaying encouraging indications of a rebound. 888 noted a positive 59% increase in June’s sports betting income compared to June of the preceding year.
In summary, 888 is capitalizing on this wave of prosperity. Their CEO, Itai Pazner, proudly declared that the company has surpassed projections, with daily profits in the third quarter already exhibiting a 56% year-on-year rise.
This team possesses a true talent for drawing in clients, which became particularly evident during the COVID restrictions when individuals were largely confined to their residences, their attention fixed on electronic devices. Naturally, it’s advantageous that 888 consistently ensures their offerings are of the highest caliber.”
