In a crowded second quarter net gaming revenues climb 33 percent

According to a report issued by the Internet gambling colossus this week, 888.com, based in Gibraltar, witnessed second quarter income boosts and additional gaming offers.
Indicators of key performance comprise a thirty six percent rise to total operating revenue to sixty nine million dollars, which in the second quarter of 2007 was fifty one million dollars, and the net gaming income rose thirty three percent to sixty seven million dollars, compared to fifty million dollars in the second quarter of 2007.
A significant contributing factor to the results of the group was online casino operations, having NGR rising twenty seven percent to thirty five million dollars, when net gambling income from bingo and additional rising offerings climbed to twelve million dollars, a tremendous three hundred and seventy six percent. Pacific Poker’s results for the group were not so healthy, where a ten percent drop in income from first quarter, which according to the management was due to participants using their time more on watching the televised Euro 2008 International football games, although twenty million dollars was NGR revenue from the group’s poker branch.  
169, 898 participants are actual poker players according to the presumptions of the company, however income for each poker client in the second quarter dropped by one hundred and sixteen dollars, namely, nine percent in contrast to the first quarter. A rise of one percent to 77,837 was the number of casino participants. Five point two million gaming accounts were registered by the firm for the end of June which is a rise in the last three months of four point nine million. 
A rise to one hundred and thirty two million dollars, which is a 35 percent gain, was the overall group net gaming income for the half year to end of June.
The third quarter began fine, according to the group, where an average daily net income from gaming in July’s first twenty two days was two percent above the second quarter’s income. 
Gigi Levy, chief executive of 888, remarked that the company is very pleased with the results of the second quarter, particularly because of attaining successive growth for each quarter in a usually seasonal time span known to be less busy and the Euro 2008 football games. There is good progress with the assorted strategic plans, and with the fine beginning of the third quarter and the lucid commercial planning, he is sure that 2008 will reach a future targeted growth.   
A strategic partnership made with Sportech in June and the agreement with PokerDome were among the dynamic attractions concluded during this period.

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