Online gambling real money firm 888 Holdings recorded a rise in revenue and customer base, according to results from the last quarter. In the recession affected British economy, many have lost jobs and firms are running on losses. In such a scenario, the significant rise in revenue recorded by the British gambling firm is highly significant.
Encouraged by the strong growth in 2011, the company expects positive results this year as well. Last year, many stayed at home following shut downs faced by several firms in the country. These people spend a lot of time on online gambling leading to revenue rise recorded by sites like 888.com.
Increase in Customer Base at 888.com
Several gambling websites are operated by the company. Some of them are a poker room, online casino and bingo room. Revenue increased by 26.33% at the firm. The revenue earned in the previous quarter was $331 million, whereas the amount earned in this quarter is $262 million.
There has also been a significant rise in the number of players gambling with 888 Holdings. The company announced that currently, the number of customers at the site is 10.6 million. This is a 22% increase compared to last year’s results. 888 Holdings expects that the year 2012 will be even better for the firm as several new markets are likely to be created for online gambling this year.
Various governments are considering modifying their laws pertaining to online poker. A week ago, Caesars Interactive Entertainment and 888.com announced that they plan to extend their agreement for licensing. This will enable them to provide online poker services in the US market.
Gambling Firms Targeting US Market
The lucrative US market is a target of several firms apart from 888 Holdings. According to an announcement made by Bwin.party Digital Entertainment last year, the firm aims at partnering with Boyd Gaming Corporation and MGM Resorts. Both run casinos in theUS.
Exclusive Deposit Bonus at 888.com
One of the main reasons behind the increase in customer base of 888.com is its attractive range of offerings. A fantastic deposit bonus is currently on offer at 888 Poker. Players can earn as much as $600 through the offer.
888.com is a reliable gambling site. The lobby is extremely well designed and available in a wide variety of languages like French, Spanish, German, Swedish, Dutch and Russian. The gambling site employs efficient encryption systems to safeguard customers’ information.