888 Holdings Revenue Goes Up by 9% in the First Half of 2017

888 Holdings Revenue Goes Up by 9% in the First Half of 2017

888 Holdings enjoy good results in H1 2017

888 Holdings reveal strong results in the first half of the year.

Gibraltar-based online gaming company 888 Holdings, has announced its semi-annual results, which reveal a year-on-year increase of 9%.

The company, which owns and operates a number of casino, poker, sport and bingo brands, recorded revenue of $ 270.1 million, $ 8.1 million more when compared to the first six months of the last year.

Strong Core Vertical

The biggest year-on-year growth of 11% and 45% was recorded in the company’s casino and sports betting divisions, while the poker division’s results were far lower, albeit still up. However, a year-on-year increase of only 1% wasn’t as expected.

Holdings’ consumer facing operations went up by 11%, while business to business offering recorded a drop of 6% to $ 27.5 million.

The company’s adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) during the first half of this year was $ 47.6 million, which is 8% more than during the same period of 2016.

The adjusted profits before tax recorded an improvement of around 12%. $ 37.6 million in the first six months is just under $ 4 million more than 888 Holding recorded last year. On the other hand, loss before tax was $ 17.3 million, a significant drop from the 2016 results when the company recorded profits of $ 27.8 million. According to reports, the main reason behind such dismal performance during this period were exceptional charges of $ 50.8 million.

These results were published only a week after 888 Holdings was fined by the United Kingdom Gambling Commission (UKGC). After the investigation reveal significant oversight in the company’s treatment of problem gambling, UKGC issued a £7.8 million fine.

Building on Momentum

Itai Frieberger, 888’s Chief Executive Officer, said the company had delivered further revenue growth and operational progress in H1 2017, resulting in a 9% increase in revenue.

He added such a pleasing outcome had been driven by continued growth in 888’s core Casino division, strong momentum in the fast-growing 888Sport and a good performance in Poker division.

Frieberger stated the company’s Board remained confident that 888 would achieve further progress and deliver its expectations for the full year.

CasinosOnline.com

Play’n GO Goes Middle ages by having Prissy Queen

Play’n GO Goes Middle ages by having Prissy Queen

Prissy Princess to debut in Play’n GO casinos on 23th February.

Some would say that the days of chivalry, fearless knights and beautiful princesses are long gone, and although that may be true, the newest Play’n GO release will definitely take you back in time to the days of yore.

The Story

Prissy Princes is a story inspired by medieval period, offering the chance to be a gallant knight roaming the countryside and engaging in daring and perilous quests with only one cause – to win the heart of the beautiful princess.

All those who like medieval motives will surely enjoy the story, with a castle dominating the game’s scenery. The slot offers pretty decent animations featuring dragons and the princess herself, along with swords, weaponry and treasure chests and, of course, matching soundtrack to make the entire experience more enjoyable.

The atmosphere is very playful and, though cartoon-like, it will certainly have a fan base to appreciate all it has to offer.

The Features

The game offers very amusing and thrilling features, which are unique and are matching the whole theme.

The Crumbling Towers feature will see all reels with a winning payline symbol fall through, with new reels replacing them. Receive four winning combinations and you’ll open the Treasure Chest, which holds some of the biggest cash bonuses, up to 100x the wager!

But that’s not all. If you collect all three Scatters during the Crumbling Towers, you will trigger the Tournament bonus, a feature you’ve hardly come across. Ever! Knights and dragons await you with many challenges to prove you’re worthy enough to seek the hand of the beautiful princess.

Summary

This five-reel three row video slot is definitely a breath of fresh air with its original theme and unique features. Prepare thyselves, for February 23 is upon us. Prissy Princess is waiting for the bravest knight in Play’n GO casinos such as LeoVegas, Video Slots Casino and bet365 Casino.

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Betoken Wealth Goes Are now living in NetEnt Betting houses

Betoken Wealth Goes Are now living in NetEnt Betting houses

NetEnt release Divine Fortune slot on 24th January.

Malta-based software provider NetEnt has just released its newest slot Divine Fortune and as all those familiar with the work of this developer already know, we can look forward to an interesting and entertaining title.

Aside from high quality graphics and animations, the game boasts excellent soundtrack which definitely enhances the overall look and feel of the slot.

This five-reel video slot with 20 fixed paylines offers a variety of interesting and lucrative features, promising big payouts while its progressive jackpot will surely reward the luckiest among the players.

Greek Mythology Theme

The new release is based on Greek mythology and this theme inspires its simple yet very appealing scenery, featuring two Caryatid statues, a famous Acropolis landmark, and its influence can be seen on the symbols with mythical creatures Minotaur, Phoenix, Medusa, and the Nemean Lion.

The Horse acts as Wild, replacing all the symbols except the Free Spins and the Bonus icons. Coin value ranges from $ 0.01 to $ 0.50 while the total bet can go from $ 0.20 to $ 100 per spin.

Three of a kind land payouts but if you’re looking for a big win then you should pay attention to slot’s many rewarding features.

The Wilds really went wild here with the Falling Wilds Re-spins and the Wild on Wild features. Every time a Wild lands, a free re-spin is awarded to the player and the Wild symbol shifts down. The feature is active as long as there is at least one Wild on the reels.

A Wild landing behind a Falling Wild will trigger Wild on Wild feature and the Wild in question can expand and cover the entire reel.

Free Spins Feature

Three or more Free Spins symbols landed trigger the Free Spins feature and depending on the number of those symbols the player will receive 5, 8 or 12 Free Spins. While this feature is active, any Wild symbol landed will become a Wild on Wild and expand to cover the reel.

The Jackpot Bonus game is activated when three or more Bonus cions are collected during the base game. There are three jackpots: Mini, Major and Mega Jackpot and they are awarded depending on the number of rows of Bonus symbols.

The mobile version is available as well, bringing all the features available in the desktop version, so the players can enjoy this thrilling video slot on their smartphones and tables.

Are you up for this challenge? Head over to some of the NetEnt casinos and see if the Gods will smile upon you.

CasinosOnline.com