| 888 Expects 2011 to Beat Market Forecasts |
| Written by Mark Bennett |
| Wednesday, 21 December 2011 23:07 |
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The gaming giant 888 Holdings, which operates 888 casino, poker, bingo and sports brands, has confirmed that it is expecting its core profits for the 2011 trading year to be ‘significantly’ higher than the market forecasts. Market expectations were for profits of nearly $40 million, however the latest update suggests that the casino and poker operations have exceeded targets and the ongoing investments and new European regulations have also had a positive impact. 888 added its strategy to continue to invest in new European markets following 888 Poker securing a Danish gambling licence which will be effective from January.
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