888 Speaks About Regulatory Compliance

888's CEO Lord Jon Mendelssohn held the company's first half earnings call this week and notably spoke about the regulatory compliance and business sustainability measures the company is undertaking, warning that this may lead to short-term revenue drops.

Mendelsohn said that the company has working to build those bases, noting that they're fundamental to the business's long-term success. He noted that the company's revenues will be reduced due to "our combination of actions in reducing our exposure to higher risk offshore markets, implementing safer gambling regulations and removing revenue generated from unprofitable marketing spend."

The company said that their revenues are now heavily based in regulated markets, comprising of 95% of revenues.

888 also hailed the company's growth in Africa through the 888Africa brand and also spoke about the possibility of new markets pushing the company to new heights moving forward.

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.


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