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888Poker posts new record results, revenues up 88%
888 Holdings continues to produce mind-blowing results as the company consolidates itself increasingly on the online gambling market. The latest results point to an 88% growth in year-on-year revenues for 888Poker.
888 Holdings PLC has reported yet another record result after publishing the company's management report this week.

According to the latest numbers, 888 shows no sign of slowing down its explosive growth with 888Poker's year-on-year revenues from the first quarter of the year going up 88% from $11 million in 2011 to $21 million in 2012.

The growth is to be explained largely by a boost in customer numbers, which has created more revenue, the company said.

All in all, the company now boast of 405,000 active players, representing a jump of no less than 83% since April last year.

The rapid growth has also rewarded the company's shareholders, with the 888 share jumping a full 73% over the same period.

888 Network
Extensive weekly tournament schedule
Innovative and easy-to-use sofyware
Rich action at NLHE and PLO games
Limited customer support options
"Our focused strategy has led to another excellent quarter, with ongoing strength in Poker driving March to the highest ever monthly revenues in the history of 888," said CEO Brian Mattingly, in a press statement.

The CEO pointed to newly liberated markets as potential areas for further growth for the company, and promised that 888 will continue to invest in these new markets in order to gain increased marker shares.

"Poker has continued its robust performance in the early stages of Q2, with our other product areas seeing an expected return to normal patterns. As stated in our full year results, there are significant growth opportunities offered by the liberalization of new markets, which will take investment to realize. We will continue to invest throughout 2012 in order to build market share," Mattingly said.

888 is currently the world's fourth largest online poker network in terms of traffic, only surpassed by PartyPoker, the iPoker Network and industry mastodon PokerStars.
Posted by sani23
Poker.org News Editor
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3770
2322112211
1 year ago
Thats a bit ironic that its 88% for this room.
88
2
1 year ago
Who loves that cartoons  
We don't want to watch 3D animations also we want see just cards.
1184
3
1 year ago
Well, 888Poker have been done good so it doesn't surprise me at all
3101
1312233
1 year ago
They do have some nice promotions changing pretty often. They have low and higher stakes tournaments starting all day long. It's one of the pretty cool sites, might go back to it sometime.
397
12
1 year ago
Yes, promotions and tournaments are nice, although the freerolls and micro rebuys with big guarantee are too crowded and require lots of luck.
Also bonuses are good, sometimes they offer instant bonuses with good clearing.

But the RNG and support are weak points.
Also the tables, sometimes they don't open, they could remember their size, also reseating is not ideal, should be tuned a bit.

Also currency exchange rates are bad thing, ideal is like pokerstars have, to be able to deposit in your currency and convert without any loss..
Losing quite a portion of money when depositing and withdrawing to Moneybookers in EUR is pretty bad, the same counts for many many sites
1114
1 year ago
This is too much lucky figure for them did they plan this to get 88% revenue lol im sure thats not the case but must say this i was considering to make a deposit on 888poker yesterday i think its a great website but the only reason that stopped me from doing this was because their freerolls fall on a saturday night which is a highly inconvenient time to play poker as mostly wud be go out for drink.
1083
22322
1 year ago
This room is really developing, nice.
1227
122
1 year ago
It is a non american site if we were aloud it would be better than stars
1114
1 year ago
I have seen both website and in mine opinion i feel Pokerstars is simply the best but definitely 888 poker would be in top 5 website overall reason being they have amazing promotions as well. but if you try compare with promotions of Pokerstars you simplay cannot do this it beats all and also more importantly it has more games running with more people and more prizes at any given time.
926
332
1 year ago
Have done a great job of promotion and that gives them to the poker room.

888 poker, provides a comprehensive gamammuy tournaments, freerolls and buy ins, low costs.
Now as all the major poker rooms, is saturated with players in each of its tournaments.
Good luck to those who decide to play there.