A prominent online wagering and gaming corporation, 888 Holdings, has declared unprecedented earnings for the initial six months of 2021. The firm experienced a substantial 39% increase in gross income compared to the corresponding timeframe in the previous year.
This remarkable expansion was driven by robust performances across significant regulated territories. Italy spearheaded the surge with an astonishing increase exceeding 80%, while the UK registered a healthy growth surpassing 50%. Additional European regions such as Romania, Ireland, and Portugal also made noteworthy contributions. 888 ascribes this triumph to its established brand recognition, varied product portfolio, and impactful data-driven marketing approaches.
Chief Executive Officer Itai Pazner conveyed optimism regarding the company’s trajectory, affirming that 888 is strategically situated to leverage the burgeoning online gaming sector. He emphasized their dedication to product innovation, ethical gaming principles, and penetration into emerging regulated markets as pivotal factors in their sustained achievements.
The company’s financial disclosure also unveiled a considerable rise in tax payments, demonstrating its commitment to ethical corporate conduct.
Previously this year, 888 Holdings proclaimed a significant collaboration with Authentic Brands Group, the proprietor of Sports Illustrated, indicating its aspiration to further broaden its scope and brand visibility within the global sports wagering and online gaming realm.
