{"id":201,"date":"2024-06-18T06:54:36","date_gmt":"2024-06-18T03:54:36","guid":{"rendered":"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/"},"modified":"2024-06-20T17:10:20","modified_gmt":"2024-06-20T14:10:20","slug":"888-holdings-reports-revenue-surge-despite-regulatory-challenges","status":"publish","type":"post","link":"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/","title":{"rendered":"888 Holdings Reports Revenue Surge Despite Regulatory Challenges"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/HZOyX7DkkVk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A prominent online gaming enterprise, 888 Holdings, announced a revenue surge of 9% for the initial six months of 2017, fueled by substantial expansion in its casino and sports wagering divisions.<\/p>\n<p>This corporation, managing well-known brands such as 888poker, 888sport, and 888casino, witnessed its revenue climb to $270.1 million, contrasting with $262 million during the corresponding timeframe the previous year.<\/p>\n<p>Casino and sports wagering emerged as top performers, registering remarkable year-over-year growth rates of 11% and 45% accordingly.  Conversely, 888&#8217;s poker offerings trailed behind, achieving a mere 1% uptick.<\/p>\n<p>Although 888 Holdings prospered in its consumer-oriented business, with revenue escalating by 11%, its business-to-business sector encountered a 6% downturn, yielding $27.5 million.<\/p>\n<p>Notwithstanding these favorable outcomes, the company recently encountered an obstacle. The UK Gambling Commission imposed a record-setting \u00a3780,000 penalty on 888 Holdings for neglecting to safeguard susceptible patrons and avert money laundering. This occurrence serves as a stark cautionary tale of the heightened scrutiny confronting gambling entities and the paramount importance of ethical gaming conduct. <\/p>\n<p>Despite facing recent challenges, 888&#8217;s chief executive, Itai Frieberger, maintains a positive outlook. He emphasized the company&#8217;s robust performance during the initial six months of 2017, noting a 9% revenue increase compared to the previous year (adjusting for exchange rate variations).<\/p>\n<p>Frieberger linked this achievement to steady expansion in 888&#8217;s primary casino offerings, the sustained success of their thriving 888Sport platform, and a solid contribution from their poker products.<\/p>\n<p>Driven by this momentum and the strength of the company&#8217;s well-founded business framework, the board of directors remains assured in 888&#8217;s future potential and capacity to realize its objectives for the year. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A prominent online gaming enterprise, 888 Holdings, announced a revenue surge of 9% for the&#8230;<\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Cashes In: Revenue Jumps 9% in 2017<\/title>\n<meta name=\"description\" content=\"888poker, 888sport, and 888casino parent company sees revenue soar in the first half of 2017, driven by strong growth in casino and sports betting.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Reports Revenue Surge Despite Regulatory Challenges\" \/>\n<meta property=\"og:description\" content=\"888poker, 888sport, and 888casino parent company sees revenue soar in the first half of 2017, driven by strong growth in casino and sports betting.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Go-To Destination for Licensed Casino Games &amp; Latest News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-18T03:54:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:10:20+00:00\" \/>\n<meta name=\"author\" content=\"Sarah &quot;Saffron&quot; Hawkins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sarah &quot;Saffron&quot; Hawkins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/\",\"url\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/\",\"name\":\"888 Holdings Cashes In: Revenue Jumps 9% in 2017\",\"isPartOf\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-18T03:54:36+00:00\",\"dateModified\":\"2024-06-20T14:10:20+00:00\",\"author\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/#\/schema\/person\/32d63841977ca95a82961a194b548d80\"},\"description\":\"888poker, 888sport, and 888casino parent company sees revenue soar in the first half of 2017, driven by strong growth in casino and sports betting.\",\"breadcrumb\":{\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/2024\/06\/18\/888-holdings-reports-revenue-surge-despite-regulatory-challenges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/winportnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Reports Revenue Surge Despite Regulatory Challenges\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/winportnodepositbonus.icu\/#website\",\"url\":\"https:\/\/winportnodepositbonus.icu\/\",\"name\":\"Your Go-To Destination for Licensed Casino Games &amp; Latest News\",\"description\":\"Unleash your gambling potential through our up-to-date news, comprehensive reviews, and expert articles. 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