888 Online's revenue drops around 3% to £1.9bn

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888 Online, which bought William Hill last year, has announced that its total revenue dropped around 3% to £1.9bn ($2.38bn) in the year to the end of December.

Last year the company lost nearly a pound when it earned six pounds, in part due to plans to combat problem gambling.

As a result, the 15% decline in online income was driven by "pre-investment in enhanced player safety measures.""Wow, operational closures in the Netherlands have been greatly eased.

That same year 888 successfully negotiated a deal to acquire William Hill's non - United States business, including about 1,400 betting shops in the UK.

Due to one-off costs, including some associated with the acquisition, the business suffered a pre-tax loss of £115.7m.

However, after excluding one-off costs, 888 reported an increase in interest costs incurred by the William Hill acquisition, resulting in adjusted pre-tax profits of 로80.5 million, down 10% from the previous year.

"The combination with William Hill transformed the group and brought together two outstanding and complementary businesses to create one of the world's leading betting and gaming businesses," said Lord Mendelzone, chairman of 888

The company announced in January that it had investigated deficiencies in the way it handled Middle East VIP customers, and is expected to lose between £25 million and £30 million in revenue this year.

Mendelson added. "The group's financial performance during the period reflected a wide range of measures it was taking, mainly to raise the level of player protection.

"While compliance issues in the Middle East have been very disappointing recently, they highlight the importance of our strengthened and proactive risk management framework."

Recently, Mr. Green, the 888 Holdings brand for online games, announced that it will utilize the platform to enter the German market. 파워볼사이트