Business
Q4 KPIs and Trading Update
Q4 KPIs and Trading Update.
About this update from Evoke Plc
[{"type":"text","content":"\n 888 Holdings plc\n12 February 2008\n\n\n 888 Holdings Public Limited Company \n ('888')\n\n Q4 2007 Key Performance Indicators and Trading Update\n\n888, one of the world's most popular online gaming companies, today provides the \nfollowing trading update for the fourth quarter of 2007 and cumulative results \nfor the twelve months ended 31 December 2007.\n\n\nHighlights*:\n\n • Net Gaming Revenue for the 12 months ended 31 December 2007 - Up 36% at\n US$213 million (2006: US$157 million)\n\n • Net Gaming Revenue from Casino for the 12 months ended 31 December 2007 -\n Up 33% to US$118 million (2006: US$89 million)\n\n • Net Gaming Revenue from Poker for the 12 months ended 31 December 2007 -\n Up 18% to US$81 million (2006: US$68 million)\n\n • Net Gaming Revenue in Q4 2007 from Casino up 60% to US$35 million (Q4 2006: \n US$22 million)\n\n • Net Gaming Revenue in Q4 2007 from Poker up 17% to US$21 million (Q4 2006: \n US$18 million)\n\n • Strong Q4 2007 trading with 22% Casino NGR growth and 15% Poker NGR growth \n above Q3 2007\n\n • 30% increase in real money registered accounts to 4.7 million as at 31\n December 2007 from 31 December 2006\n\n • '888ladies', a new Bingo offering launched and already showing hundreds of \n new customers recruited daily\n\n • Launch of the World Poker Crown - the largest** online guaranteed prize\n poker tournament of its kind with $3 million guaranteed prizes\n\n • 888 returned to the FTSE250 index\n\n\nCommenting on today's announcement, Gigi Levy, Chief Executive Officer, said:\n\n\n'We are delighted with our results released today, our first full year of\ntrading without any business in the US. Our NGR in 2007 grew strongly by 36\npercent compared to 2006 with very strong fourth quarter showing 22% NGR growth\nin Casino and 15% in Poker compared to Q3 2007. In addition our bingo business\nperformed extremely well with US$14 million revenue since we acquired the\nbusiness in May 2007. We have continued last year's positive momentum into Q1\nwith the launch of our own new Bingo brand 888Ladies which is already showing\nhundreds of new customers recruited daily since launch in early February and the\nWorld Poker Crown, a US$3 million guaranteed poker tournament.'\n\n\nSet out below are 888's results for Q4 and cumulative results for the 12 months\nof the year.\n\n\nKey...