Key Takeaways
- Half year results published this morning by 888 Holdings have not enthused investors, with 888’s share price falling by 1.5% in early trading.
- Reported revenues fell by 2% compared with the first half of 2014, with the blame laid clearly on “the external headwinds of a new point of consumption tax in the UK, VAT in certain European
- markets and adverse currency movements.”
- The number of active online poker players increased by 4%, but revenues fell from $48.1 million to $46.2 million year-on-year. Despite the 6% fall, 888 reported that online poker “outperformed what remains a highly competitive and challenging market.”
Half year results published this morning by 888 Holdings have not enthused investors, with 888’s share price falling by 1.5% in early trading.
