888 Falls Short of Expectations

25 Jul 2006

LONDON, England – As reported by Reuters: "Shares in Internet casino and poker room 888 fell more than 10 percent on Tuesday after a 23 percent boost in sales to $80 million during the second quarter fell short of expectations.

"'Second-quarter revenues fall short of our expectations in both poker and casino,' Investec analyst Matthew Gerard said in a note.

"…888, which owns Casino-on-Net and Reef Club Casino, said its casino revenues rose 9 percent year-on-year to $45 million (24 million pounds), while poker revenues climbed 48 percent to $35 million…"

Casino City is an independent directory and information service free of any gaming operator's control. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located. Please gamble responsibly.

Language: Any Language Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	888 Falls Short of Expectations 25 Jul 2006 LONDON, England – As reported by Reuters: "Shares in Internet casino and poker room 888 fell more than 10 percent on Tuesday after a 23 percent boost in sales to $80 million during the second quarter fell short of expectations. "'Second-quarter revenues fall short of our expectations in both poker and casino,' Investec analyst Matthew Gerard said in a note. "…888, which owns Casino-on-Net and Reef Club Casino, said its casino revenues rose 9 percent year-on-year to $45 million (24 million pounds), while poker revenues climbed 48 percent to $35 million…"