888 Reports Amazing Online Casino Profits
888 is one of the most popular and well-known gambling firms in the world. The company is based in Gibraltar and runs a highly successful online casino under the same name. Financial reports made by the firm show an incredible increase to profits during the third quarter of the year. The company reports an income of $52.5 million with most of the profits are attributed to an increase in the popularity of poker and other online casino games. People are basically playing more. 90 percent of the revenue was generated by people playing at the company’s online casino.
No one will argue that such business results are nothing but wonderful. However, there is something else about these figures that the online casino industry is focusing on. 888 is showing an increase of more than 37 percent in revenue in comparison with the same period of 2006, just after the anti online casino bill passed in the United States. The third quarter of the year is known to be the slow part of the year, but even so – the online casino firm managed to reach such favorable numbers. These numbers are making many people smile as they give a very optimistic prediction for the future of the industry. Just think about it, little over a year ago there were people who though that gambling via the internet is over. Looking at 888’s report, you don’t need to be an expert to tell that the truth is no were near that old prediction.
Actually, during September the company has recorded the best financial results since the enactment of the Unlawful Internet Gambling Enforcement Act. 888 is reporting that the company was focusing on the Latin American gambling market and massively advertising their product in the United Kingdom. Apparently, these acts worked as the firm’s online casino gambling business is blooming.