Gambling firm 888 annual revenue jumps 14% on casino gaming demand

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(Reuters) – 888 Holdings posted a 14% rise in annual revenue on Tuesday regardless of a slowdown within the fourth quarter, because the British on-line playing firm advantages from sustained development in casino gaming through the pandemic and growth into regulated markets.

The London-listed firm stated the revenue for the yr ended Dec. 31 rose to $972 million, whereas fourth quarter revenue fell 16% in contrast with a powerful 2020 when lockdowns drove on-line gaming and betting.

(Reporting by Amna Karimi in Bengaluru; Editing by Rashmi Aich)



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