Double-Digit Rise at 888 Indicator of Continued Growth Trend
888 casino has a strong-built reputation as a reliable and fair casino operator earned through dedicated customer-oriented performance in a cool and fun-loving persona.
The award-winning casino remains one of the most popular choices with Canadian players as well, whereas its well-established place in the business has made it one of rare gambling operators that continues to go strong on its own while competition is forced to combine forces to stay in business.
Testament to the company’s continued growth trend is definitely a 77% rise in 888 shares over the past two years.
888 had seen a couple of acquisition deals fall through and offers for the company rejected, but it heads forward on the back of its organic growth.
888 has seen double-digit percentages in every quarter of the financial 2016 over every corresponding quarter in 2015. The most encouraging aspect of the company’s rise is that boost in numbers is not limited to one or only a few business segments.
Overall rise saw each aspect except poker grow in 2016. And while poker saw a decrease of 3.5%, casino business was up by 26%. Bingo went through a 7% rise, whereas the sport segment went up 57%.
Casino Leads Way
The company remains casino-dominant, the various aspects of its presence in the gambling market make it a well-balanced operator, segmentally more dominant over most well-established bookies in the United Kingdom.
Remarkable rise 888 is going through has gone against the odds in risk-prone European markets, most notably Italy and Spain, which are still considered dangerous markets. Contrary to two countries’ ongoing debt crisis, 888 is going through a rapid rise with 66% recorded in Italy last year and 45% in Spain.
Growing trend and rise in performance is bound to have a positive effect to company’s shares which are projected to double in value over the next five to ten years.