888 confident of hitting adjusted EBITDA expectations for 2018

By Nathan Joyes

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

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