Endorsed by Gambling911

888 Holdings Sees Surge in Share Price

Written by:

Aaron Goldstein

Published on:

Mar/25/2014

888 Holdings, the online gambling firm, was up 8.6% Tuesday in trading.

The company has reported a 30% increase in pretax profit in 2013, driven by a continued strong performance from its core casino and poker products.

It said that pretax profit rose to USD53.2 million in 2013, up from USD40.8 million the year before, as revenues for the year rose to USD400.5 million from USD375.8 million.

888 is the software provider for WSOP.com, a Caesar’s Interactive company. On Monday, that group announced a New Jersey online gambling partnership with the New York Rangers.

- Aaron Goldstein, Gambling911.com

Gambling News

FanDuel and DraftKings Remain The Undisputed Leaders in Online Sports Betting and Casino Gaming

FanDuel and DraftKings continue to dominate the U.S. online sports betting and casino markets, securing a commanding lead over their competitors. Their strong market presence, innovative platforms, and aggressive expansion strategies have cemented their status as the top players in the industry.

Mississippi Bill to Ban Sweepstakes Casinos and Expand Sports Betting Fails to Advance

A legislative push in Mississippi to ban online sweepstakes casinos and legalize mobile sports betting has failed to gain traction, leaving the state's gambling laws unchanged for now. The stalled bill highlights ongoing debates over gambling expansion and regulatory control in the state.

Texas Lawmakers Renew Push for Casino and Online Sports Betting Legalization

Texas is once again at the center of a heated debate over the legalization of casinos and online sports betting. Despite past legislative roadblocks, momentum is building with renewed efforts from lawmakers and shifting public sentiment favoring expanded gambling options in the state.

How Do Online Poker Laws Vary Around the World?

Online poker has fast become a worldwide sensation, but the regulations change significantly in each region. Some jurisdictions adopt online poker wholeheartedly and openly, others regulate it to the tee, and some restrict players completely.

Betting on the Stanley Cup: A Beginner's Guide

The Stanley Cup is the pinnacle of professional ice hockey, awarded annually to the NHL champion. As one of the most prestigious trophies in sports, the Stanley Cup playoffs attract massive attention from fans and bettors alike.