888 confident of hitting adjusted EBITDA expectations for 2018

Operator 888 remains confident adjusted EBITDA for the full year will be in-line with expectations in 2018.

888 confident of hitting adjusted EBITDA expectations for 2018

In the UK, the company says positive trends from the first half of the financial year ending 31 December have continued into the second half.

Meanwhile, launching 888sport in New Jersey has helped the company progress in the US, as this was the first time the operator was able to offer sports betting within the American market.

This month, 888 announced also announced the acquisition of the remaining 53% of previously co-owned All American Poker Network (AAPN).

Itai Frieberger, CEO of 888, said: “During the period 888 has delivered continued progress against its strategic objectives. The Group has continued to focus on driving growth in regulated markets, enhancing compliance and delivering exciting product innovation.

“888 has maintained its strong momentum in casino and sport, particularly in continental European markets. 888 remain very excited by the significant long-term growth opportunities in the US market and, throughout the year, we have made significant operational progress in the region.”

Topics
Sports BettingIndustry
Stay updated with GI
Follow Gambling Insider for independent news, analysis and industry expertise.
Nathan Joyes
Journalist

Nathan Joyes is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to October 2019. During his time with the publication, he reported on key developments across the global gambling and iGaming sectors, covering news, regulatory updates and industry trends for both the Gambling Insider website and associated print titles.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.

More News