888’s annual revenue jumps 14% on casino gaming demand

Gambling firm 888 Holdings has reported a 14% rise in full-year revenue.

888 was able to shrug off a slowdown in the fourth quarter, reaping benefits from sustained growth in casino gaming during the pandemic and expansion into regulated markets.

The company’s revenue for the year ended Dec. 31 rose to $972 million, while fourth-quarter revenue fell 16% compared with 2020 when pandemic-related lockdowns drove online gaming and betting.

Last year, 888 agreed to buy William Hill’s non-U.S. assets, including retail shops.

The deal is expected to close in the second quarter this year.

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