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888 reveal revenue rise and New Jersey deal

888

Holdings have announced increased B2B, B2C and Group second quarter revenues, while also revealing plans to launch branded casino and poker products in New Jersey.

The online gaming firm report Group revenue of $97.1m for Q2 2013, a year-on-year rise of 5%.

Within that figure, B2C revenue improved 6% to $85m, while B2B revenue was up 2% to $11.9m.

Within B2C revenue, casino increased 14% to $47m and poker rose 12% to $22m, while bingo was down 23% to $10m.

Emerging offering was flat at $6m, as compared to $6.1m in 2012.

Meanwhile 888 have announced the signing of a deal with operators Caesars Interactive Entertainment which will allow for the launch of 888-branded poker and casino products in New Jersey.

The arrangement, agreed through 888’s All American Poker Network joint venture with investment firm Avenue Capital Group, will see the products offered in the state “subject to regulatory approvals”.
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