{"id":117,"date":"2024-06-15T05:07:52","date_gmt":"2024-06-15T02:07:52","guid":{"rendered":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/"},"modified":"2024-06-17T12:57:53","modified_gmt":"2024-06-17T09:57:53","slug":"888-holdings-navigates-challenges-and-opportunities-in-2018","status":"publish","type":"post","link":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/","title":{"rendered":"888 Holdings Navigates Challenges and Opportunities in 2018"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/nwY32EkA_FI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The year 2018 saw 888 Holdings face a minor decrease in their total revenue, experiencing a 2% reduction to reach $5.299 billion. This slight downturn was attributed to several elements, including heightened rivalry within the market and ongoing regulatory scrutiny.<\/p>\n<p>This development did not come as a complete shock. Pazner, who assumed the role of CEO from Itai Frieberger in January 2018, had previously cautioned that the year&#8217;s results might not be exceptional.<\/p>\n<p>The financial statements reflected this prediction. Their B2C poker revenue experienced a substantial decline, plummeting by 37% to $49 million. Bingo revenue also witnessed a downturn, decreasing by 17% to $32.4 million. These two factors were the principal contributors to the overall revenue contraction.<\/p>\n<p>However, the situation was not entirely bleak. The 2018 World Cup provided a much-needed boost to their sports betting revenue (B2C), which observed a 6% surge, reaching $80.3 million. Casino revenue (B2C) also demonstrated positive development, expanding by 8% to hit $3.176 billion.<\/p>\n<p>The company&#8217;s adjusted EBITDA experienced a healthy 6% growth, reaching $1.071 billion, while adjusted profit before tax rose by 11% to $86.7 million.<\/p>\n<p>In his statement, CEO Pazner acknowledged the difficulties while emphasizing the favorable aspects: &#8220;Despite obstacles in specific segments of the business, 2018 yielded another solid financial performance, with a record EBITDA outcome.&#8221; He stressed the company&#8217;s ongoing expansion in various regulated markets, particularly in mainland Europe, driven by the robust performance of their casino and sports betting products.<\/p>\n<p>Despite these encouraging indicators, market reactions were somewhat restrained. 888&#8217;s share price witnessed a modest uptick, increasing from \u00a31.65 (approximately $2.17) to \u00a31.67 on the day the results were made public. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The year 2018 saw 888 Holdings face a minor decrease in their total revenue, experiencing a 2% reduction to reach $5.299 billion. This slight downturn was attributed to several elements,&hellip;<\/p>\n","protected":false},"author":27,"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 Revenue Dips Slightly in 2018<\/title>\n<meta name=\"description\" content=\"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Navigates Challenges and Opportunities in 2018\" \/>\n<meta property=\"og:description\" content=\"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what\" \/>\n<meta property=\"og:url\" content=\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T02:07:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:57:53+00:00\" \/>\n<meta name=\"author\" content=\"Christopher &quot;Crypt&quot; Morris\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christopher &quot;Crypt&quot; Morris\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/\",\"name\":\"888 Holdings Revenue Dips Slightly in 2018\",\"isPartOf\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-15T02:07:52+00:00\",\"dateModified\":\"2024-06-17T09:57:53+00:00\",\"author\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/5b6465a25454058e05dc7d01fb6349aa\"},\"description\":\"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what\",\"breadcrumb\":{\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/diamondreelsnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"888 Holdings Navigates Challenges and Opportunities in 2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#website\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/\",\"name\":\"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games\",\"description\":\"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and informative articles. Our licensed online casino is your go-to destination.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/diamondreelsnodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/5b6465a25454058e05dc7d01fb6349aa\",\"name\":\"Christopher \\\"Crypt\\\" Morris\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/wp-content\/uploads\/sites\/30\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/diamondreelsnodepositbonus.icu\/wp-content\/uploads\/sites\/30\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Christopher \\\"Crypt\\\" Morris\"},\"description\":\"This talented writer holds a Master's degree in Applied Mathematics and a Bachelor's in Anthropology. They have a strong foundation in mathematical modeling, dynamical systems, and cultural anthropology, which they apply to the study of the social and cultural dimensions of gambling behavior. Their articles and news pieces provide readers with a unique perspective on the role of gambling in different societies and the strategies used by casinos to adapt to local cultural norms and preferences. They are passionate about promoting cross-cultural understanding and responsible gambling practices.\",\"url\":\"https:\/\/diamondreelsnodepositbonus.icu\/author\/hgfjgfdcxzds\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"888 Holdings Revenue Dips Slightly in 2018","description":"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/","og_locale":"en_GB","og_type":"article","og_title":"888 Holdings Navigates Challenges and Opportunities in 2018","og_description":"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what","og_url":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/","og_site_name":"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games","article_published_time":"2024-06-15T02:07:52+00:00","article_modified_time":"2024-06-17T09:57:53+00:00","author":"Christopher \"Crypt\" Morris","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Christopher \"Crypt\" Morris","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/","url":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/","name":"888 Holdings Revenue Dips Slightly in 2018","isPartOf":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/#website"},"datePublished":"2024-06-15T02:07:52+00:00","dateModified":"2024-06-17T09:57:53+00:00","author":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/5b6465a25454058e05dc7d01fb6349aa"},"description":"Despite a minor 2% dip in revenue, reaching $5.299 billion in 2018, 888 Holdings continues to navigate a competitive market. Explore the factors influencing this change and what","breadcrumb":{"@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/diamondreelsnodepositbonus.icu\/2024\/06\/15\/888-holdings-navigates-challenges-and-opportunities-in-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/diamondreelsnodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"888 Holdings Navigates Challenges and Opportunities in 2018"}]},{"@type":"WebSite","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#website","url":"https:\/\/diamondreelsnodepositbonus.icu\/","name":"Where Casino Lovers Unite | Licensed, Secure &amp; Exciting Games","description":"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and informative articles. Our licensed online casino is your go-to destination.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/diamondreelsnodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/5b6465a25454058e05dc7d01fb6349aa","name":"Christopher \"Crypt\" Morris","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/diamondreelsnodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/diamondreelsnodepositbonus.icu\/wp-content\/uploads\/sites\/30\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/diamondreelsnodepositbonus.icu\/wp-content\/uploads\/sites\/30\/2024\/06\/man-avatar-96x96.png","caption":"Christopher \"Crypt\" Morris"},"description":"This talented writer holds a Master's degree in Applied Mathematics and a Bachelor's in Anthropology. They have a strong foundation in mathematical modeling, dynamical systems, and cultural anthropology, which they apply to the study of the social and cultural dimensions of gambling behavior. Their articles and news pieces provide readers with a unique perspective on the role of gambling in different societies and the strategies used by casinos to adapt to local cultural norms and preferences. They are passionate about promoting cross-cultural understanding and responsible gambling practices.","url":"https:\/\/diamondreelsnodepositbonus.icu\/author\/hgfjgfdcxzds\/"}]}},"_links":{"self":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts\/117"}],"collection":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=117"}],"version-history":[{"count":1,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts\/117\/revisions"}],"predecessor-version":[{"id":175,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/posts\/117\/revisions\/175"}],"wp:attachment":[{"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diamondreelsnodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}