888 Holdings have released record results for the first half of 2012 with the highest revenues in the history of 888.In fact they were so good that the Board decided to reinstate the interim dividend of 2.5 cents per ordinary share.

In a statement from CEO of 888, Brian Mattingley, he stated” This has been an excellent first half of the year. The tremendous increase in customer numbers caused by the improvements in our product offering has led to these record results, with the highest revenues in the history of 888. On the back of this performance, the Board has decided to reinstate the interim dividend, while we retain the cash necessary to continue growing the company.The second half of the year will see increased investment in Spain, where we will attempt to build on our impressive market share, and also in the United States, where we are preparing for regulatory changes. We will also continue to invest in our technological platform, the cornerstone of our offer, and make improvements to our mobile channel.”

The most impressive figure was that of revenues which were up by 21% to $186 million from the same period last year.

Casino revenues increased by 20% to $83 million. The poker revenues recorded a massive 72% increase to $41 million from the same period last year.
EBITDA was up 81% to $36 million while EBITDA margins was up to 19%.

888 Holdings are the parent company for 888casino and 888Play.

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