888 Poker Revenue Falls 2 PercentPoker Revenue Decrease Slows As Number Of Active Customers Rises At 888.com |
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888 CEO Gigi Levy
The slowing decrease was assisted by the number of active customers in poker which jumped to 221,000, an increase of 32 percent compared to a year earlier.
However quarterly revenue per active poker customer fell 26 percent to US$51 compared to the first quarter of 2010 and 3 percent compared the final quarter of 2010.
Overall group revenue was up 9 percent to US$75 million compared to $69 million a year earlier and ahead 6 percent of the final quarter of last year.
Chief executive Gigi Levy, who announced he was leaving the company earlier this week, said, “As announced earlier in the week I feel now is the right time to stand down, leaving the company stable and growing. I want to thank the board and the shareholders for their support and I also want to send a special thank you to the employees and managers of the company, who worked with me around the clock, believing in the company, its capabilities and prospects.”
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