{"id":8,"date":"2024-06-10T05:18:00","date_gmt":"2024-06-10T02:18:00","guid":{"rendered":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/10\/888-holdings-reports-strong-revenue-growth-in-first-half-of-2020\/"},"modified":"2024-06-11T10:33:54","modified_gmt":"2024-06-11T07:33:54","slug":"888-holdings-reports-strong-revenue-growth-in-first-half-of-2020","status":"publish","type":"post","link":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/10\/888-holdings-reports-strong-revenue-growth-in-first-half-of-2020\/","title":{"rendered":"888 Holdings Reports Strong Revenue Growth in First Half of 2020"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/VyfYIZEDKe0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>During the initial six months of 2020, 888 Holdings experienced a substantial revenue surge, primarily fueled by impressive results in their poker and casino sectors.  Their total revenue reached $379.1 million, marking a 37% increase from the corresponding period in the previous year. <\/p>\n<p>The primary catalyst for this expansion was their poker segment, which witnessed a remarkable 56% surge, generating $361 million in revenue.  Casino games followed closely, amassing $260 million and achieving a commendable 48% growth.  Although sports betting faced a slight decline due to the pandemic&#8217;s disruption of live events, 888 observed a robust recovery in June, suggesting a probable resurgence for this vertical. <\/p>\n<p>This upward trajectory is evident in their profitability as well, with pre-tax profits exceeding double the previous amount, reaching $50.9 million.  CEO Itai Pazner conveyed significant confidence, emphasizing that their third quarter had commenced exceptionally well, surpassing projections.  As we progress into the latter half of the year, 888 appears to be in a highly favorable position. <\/p>\n<p>This remarkable expansion truly demonstrates our effectiveness in acquiring new clientele.  It is evident that individuals are increasingly depending on digital platforms \u2013 a trend amplified by the global health crisis \u2013 and our dedication to providing superior offerings is yielding positive results.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the initial six months of 2020, 888 Holdings experienced a substantial revenue surge, primarily fueled by impressive results in their poker and casino sectors. Their total revenue reached $379.1 million, marking a 37% increase from the corresponding period in the previous year. The primary catalyst for this expansion was their poker segment, which witnessed [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings: Poker &amp; Casino Revenue Soars in 2020<\/title>\n<meta name=\"description\" content=\"Discover how 888 Holdings smashed revenue records in 2020 with their poker and casino sectors leading the charge. Find out why their revenue soared by 37% in just six months!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/10\/888-holdings-reports-strong-revenue-growth-in-first-half-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Reports Strong Revenue Growth in First Half of 2020\" \/>\n<meta property=\"og:description\" content=\"Discover how 888 Holdings smashed revenue records in 2020 with their poker and casino sectors leading the charge. 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