Casino Choice UK News Archive
888 Holdings see profits rise despite UIGEA
Pre-tax profit was $90.5 million for 2006, compared with $67.4 million for 2005; an immensely impressive achievement given 888 saw a 55 percent drop in revenue following their withdrawal from the US market.
888 Holdings was recently the target of a takeover by Ladbrokes but talks fell through last month, amid speculation that Ladbrokes was worried about possible liability for 888 Holdings’ previous activities in the US before the law change.
888 Holdings was recently the target of a takeover by Ladbrokes but talks fell through last month, amid speculation that Ladbrokes was worried about possible liability for 888 Holdings’ previous activities in the US before the law change.
Submitted: 2007/05/01 at 12:18:49
