AGM Statement

RNS Number : 9380U
888 Holdings plc
21 May 2008
 



888 Holdings Public Limited Company 

('888')

AGM Statement


888, one of the world's most popular online gaming entertainment companies, is holding its Annual General Meeting at 9am (CEST) today, at Suite 601/701, Europort, Europort Road, Gibraltar. At the meeting, Richard Kilsby, Chairman, will make the following statement:


'The first quarter of 2008 started well with 38% NGR growth year-on-year and 2.6% NGR growth quarter-on-quarter following exceptionally high Q4 2007 NGR. This momentum has continued into the second quarter where growth is being driven by Casino and Bingo as well as our clear business strategy, our continued innovation in game development and integration and successful strategic partnership deals. 


These strategic deals involve opening our platform to easy integration with games from 'best-of-breed' partners and are in addition to continuing development of our own core game development and technology infrastructure. We carefully select market leading partners to provide us with additional games, particularly those with a local flavour, enables us to penetrate local markets at low cost.


We recently announced deals with CryptoLogic Limited, Gaming Technology Solutions Plc, Electracade and Rival Powered and plan to continue this infrastructure investment and integration over the coming years. 


2008 has also seen the successful launch of 888ladies, 888sport and Live DealerWe expect our recent developments, particularly 888ladies and 888sport to continue driving our business as we move into the seasonally quieter second quarter and we therefore remain confident of delivering further growth in 2008.'


- ends -


Contacts and enquiries


888


Gigi Levy Chief Executive Officer                                                                        +350 49800

Aviad Kobrine Chief Financial Officer                                                                  +350 49800


Bell Pottinger Corporate & Financial

Nick Lambert / Andrew Benbow                                                           +44 (0) 20 7861 3232



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMEASSFADAPEEE

Companies

Evoke (DI) (EVOK)
UK 100

Latest directors dealings