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888 shares fall 12% on profit warning

28th May 2010 7:34 am GMT

888 Holdings plc said Friday that it expects profit for the year to be significantly lower than previous market expectations as a result of the continued weakening of the online poker market, foreign exchange movements, and the significant marketing investment that will be required to operate in the newly regulated French market.

888 said it has continued to experience difficult trading conditions since the interim management statement issued in April, with trading particularly impacted in the [...]

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