888 Sees Third Quarter Financials Climb 7%

Online gaming operator 888 Holdings has announced its third-quarter 2021 financial results, noting that revenues for the period were up 7% from last year.

Key financial indicators for the quarter ending September 30th, 2021 were:

  • Total revenues of £229.9 million, up 7% from last year
  • B2C revenues up 7% to £220.3 million, with gaming the main source of that revenue
  • B2C revenues were also higher than two years ago, which was before the Covid-19 pandemic took hold
  • B2B revenues were up 4% to £9.6 million, and was highlighted by the launch of the World Series of Poker brand in Pennsylvania

The company also touted its September agreement to purchase William Hill's non-US assets from Caesars for £2.2 billion.

Commenting on the performance 888 CEO Itai Pazner said, "Q3 2021 was a period of outstanding strategic progress for 888. During the period we announced the transformational acquisition of William Hill International, successfully launched SI Sportsbook in the US, and began operating 888sport under a new licence in Germany as we continued to execute our plan to build a global online betting and gaming leader.

"Alongside these important strategic milestones, I am pleased with the group's continued positive trading, particularly as we lap very tough comparative periods.

"This performance reflects the continued success of our data-driven investments and execution against our product-leadership plan that delivers ongoing improvements in the usability, quality and safety of our sports betting and gaming products."

Related casinos

CasinoJurisdictionRatingPlay
888 CasinoGibraltar, Malta, Sweden, U.K.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.

Comments

Post new comment

There are currently no comments on this page. Be the first!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.