888 Rebound Sees Earnings Swell by 94 Percent

Online gaming group 888 Holdings has said revenue increased 26 percent to $331.1m in the year to December 31 but earnings nearly doubled. The firm also confirmed Brian Mattingley will become CEO on a permanent basis.

London-listed 888 exceeded analyst expectations as it confirmed its cashflow, measured as earnings before interest and taxation (EBITDA), increased 94 percent to $55.6m, from just $28.6m a year earlier. 

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