888, one of the world's most popular online gaming entertainment and solutions providers, has provided a trading update for the third quarter of 2011.
Group revenue of US$86m was an increase of 42 per cent year-on-year and a 10 per cent increase on the record Q2 2011, led by B2C. Group revenue during the first three quarters of 2011, at $240m, was up 26 per cent on last year.
As at September 30, 2011, 888 had 10.1 million casino, poker and sport real money registered customer accounts, representing an increase of 24 per cent since September 30, 2010.
Deputy chairman Brian Mattingley said: "The continuing focus on our core competencies has led to another excellent quarter and the highest quarterly revenue ever achieved in 888's history. Our compelling offering and successful marketing campaigns have helped to build on our outstanding first nine month performance and drive player numbers to record levels. Strength across all of our platforms leaves us well positioned for the future.
“Trading has continued to be strong into the fourth quarter and as such we expect that clean EBITDA for the financial year ending December 31, 2011, will be significantly ahead of current market expectations."
