Industry News
888 Announces H1 2021 Financial Results

Online gaming giant 888 Holdings has announced its financial results for the first half of 2021 (H1 2021).
The company reported revenue growth of more than 80% in Italy and 50% growth in the UK. Revenue for the group was $528.4m, up 39% on the $379.1m of the same period last year. Gross profit was $352.4m compared with $250.9m, up 40%, and adjusted EBITDA was $97.4m compared with 70.1m, up 39%.
The big factor was B2C betting, showing an 82% rise with regulated and taxed markets representing 75% of its group revenue.
The keynote features of the year were the rolling out of the 888sport platform in most markets and strong betting revenue growth. Over 435 new games were launched on the 888casino product.
There was also a US partnership with Sports Illustrated and the SI Sportsbook will go live in Colorado this month and into other states planned, while the B2B business in the US extended into Pennsylvania.
CEO Itai Pazner said: “The strong momentum from 2020 continued into the first half of 2021 with growth driven by regulated markets. We have strengthened our position in the US and continue to execute our product leadership plan.”
-
Africa6 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews6 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates6 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Africa5 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Industry Awards6 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News6 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News6 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Asia5 days ago
FIFA, NBA, UFC and More Sports Events Go Live – Crypto Sportsbook BETY Offers Global Sports Betting Coverage 2025