888 Holdings Records Eighth Successive Quarter of Growth
888 Poker again showed an increase in revenues and active customers as its parent company announced another huge increase in growth.
Despite online poker traffic declining 8% in the past twelve months, figures published yesterday revealed that 888 Poker has grown once again. Poker revenue for the third quarter of 2012 showed an increase of 21% over the comparable quarter last year to $22 million while the number of active players rose 14% to 349,000 during the same period.
For the year to date, 888 Poker´s revenue has increased an astonishing 50% and, according to 888 Holdings Chief Executive – Brian Mattingley – early indications for Q4 look even better. With average fourth-quarter daily revenues up 7%, management expects earnings for the full year to be
significantly ahead of current market expectations.
Mattingley pointed to 888 Poker´s performance in Spain as one of the reasons for the site´s substantial increase in revenues.
Poker in Spain has assisted significantly in the growth of our poker business. Since we entered, we have become second in the market with a 20% share. 888 Poker´s revenue from the Spanish market has doubled since the .es domain was launched in June 2012.
888 Poker´s strong performance helped 888 Holdings to return a group revenue increase of 7% over the first nine months of the year to $92 million and pushed shares in the company above £1.00 on the London Stock Exchange – a 150% increase on their trading price from the start of the year.
Freeroll Promotion on 888 Poker
888 Poker are also in the middle of celebrating their 40 millionth tournament by hosting a series of poker freerolls with guaranteed prizes of £6,000 ($10,000) every day until 2nd November. New players registering an account with 888 Poker through any of the links on Poker News Report will receive two FREE tickets to enter the tournaments (no deposit required) plus $8.00 (or £12.00 if you are a UK resident) free to start your bankroll.
New players who make their first deposit on 888 Poker (min $10.00/£10.00) will receive 5 more FREE tickets to enter the guaranteed freeroll tournaments and our exclusive 100% match bonus on deposits up to $600.00/£400.00. Existing players should check their email inboxes to find details of a daily challenge which could see them receive FREE entry to every one of the remaining freeroll games.