Online gambling firm reports ‘strong progress’

In its trading update prior to entering the close period in respect of its Full Year results, 888 Holdings reported Thursday that the group continued to perform well and the Board anticipates that adjusted EBITDA for the period will be in line with its expectations.

CEO Itai Frieberger said: “We have continued to make strong progress against our growth strategy by developing 888’s offering across regulated markets, investing in our proprietary platform and driving further growth in our core B2C business, led by Casino and Sport.

“The strength of the Group’s performance during 2016 continues to be underpinned by 888’s core expertise in CRM, marketing and business analytics which is further supported by the effort and passion of our highly skilled team. These qualities mean that 888 remains well positioned for continued future growth.”

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