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888 envisages strong end to year

10 Sep 2007

GIBRALTAR -- As reported by the BBC: "Online gambling firm 888.com has seen first-half profit fall because of a US crackdown on offshore gaming Web sites.

"It reported first-half pretax profit of $19m(£9.34m), less than half the figure of $48m it earned a year ago, but is predicting a strong finish to 2007.

"Gibraltar-based 888 pulled out of the US last year following the approval of a new law effectively banning all foreign internet gaming websites.

"...Following the American ban, 888 took swift action including job cuts and refocusing on non-US markets..."

 
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