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888 Poker falls 36% in 2nd quarter
The economic crisis in the world is being felt everywhere including online gaming. 888.com a publicly traded online gaming company reported a huge loss in operating income in the second quarter of 2010.
Word from 888.com is that this lose is typical of trends within the online gaming world, saying that trading has been a challenge throughout this year mainly due to the online poker weakness that has been seen recently because of a worldwide financial crisis.
Not only did the revenues go down for 888 the number of active players also decreased by 15% from last year. Compared to last year, the total operating income here is 25% lower than the first half of 2009.
888.com not only operates online poker room, they also have a sportsbook, bingo and casino site. The company has also reported that it has been contacted by rival gaming companies to discuss merger options.
News Added: 03 August, 2010
Number of views : 1048
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Online Poker Site Of the Month |
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Pokernewstoday.com has selected Carbon Poker as the site of the month!
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Carbon poker runs on the merge network.
Carbon Poker is now offering our exclusive Poker Bonus Code! This bonus is a 150% up to $750 deposit bonus. To get this Carbon Poker Bonus, you need to use the Carbon Poker Bonus Code: DD750
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Online Casino of the Month |
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We have chosen Club USA Casino as our online casino Site of the Month. Club World Casino offers a whopping 100% to $777 bonus and accepts USA Players!.
The slots are fairly loose and we have had a good run on this site over the last month...
Download Club World Casino Now
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Disclaimer:
People from thousands of jurisdictions access the internet. It is impossible for us to stay current with the laws of every jurisdiction. Please make sure that any activities you engage in online are legal where you live.
We have reason to believe that it may be illegal to gamble online in: Illinois, Indiana, Louisiana, Nevada, Oregon, South Dakota, Washington, Michigan, New York, New Jersey and Wisconsin. If you live in one of these states, we advise you NOT to gamble online. |
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