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Business is booming at 888 but costs weigh heavy

31st August 2011 8:50 am GMT

Gaming revenues at 888 Holdings plc have improved across all business segments during the first half of 2011 to reach US$153.8m, up 18 per cent on last year, but not enough to offset significant restructuring costs and other charges, resulting in a swing to a loss of $23.3m for the period.

The good news for the company is that its renewed focus on core strengths has resulted in a significant improvement in its B2C operations, with [...]

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