Online gambling giant 888 Holdings is predicting a jump in revenue due to the number of U.S. states relaxing the ban on Internet gambling. The London-listed firm runs online poker and online casino sites internationally as well as performing operations in Nevada. In the coming weeks, it should also have an online premise in Delaware and New Jersey as the two states roll out their own Internet gambling programs.
888’s Chief Executive, Brian Mattingley, stated in an AP article, “In 2014, we should start to see some meaningful revenues come through.” With only three states currently in the pipeline, however, the size of the revenue boost may not be as substantial as investors hope for. “California is the prize,” said Mattingley, “We are working flat out to identify some quality partners out there.”
Despite slow growth in other sectors, 888 Holdings reported a 2% increase in revenues in the third quarter, keeping its trades in line with forecasted expectations.
In related news, Golden Nugget Casino has just been awarded a license to offer web-based gambling in Atlantic City–the second casino in New Jersey to be cleared for launch.Bally Technologies will be providing the technology behind GoldenNuggetCasino.com and GoldenNuggetPoker.com. The New Jersey online gambling market is expected to come online on November 26th.
SoftSwiss, an online casino provider received a very important B2B license from the Malta Gambling Authority. This license allows SoftSwiss to expand its content offering in the jurisdiction of Malta while at the same time they are strengthening collaboration with its clients.
Oryx Gaming has unveiled its complete turnkey solution online to Croatian land-based provider, Senator. According to the deal, the Croatian company will have access to the Oryx Hub, Oryx RGS, and various third-party casino content.
EGT Digital is pleased to announce a collaboration with Lithuanian brand, MrSlotty. The Bulgarian company, EGT, will have the opportunity to deliver to its customers the latest gaming content from the provider. Also, they will profit from the advanced platform and third-party content from the Lithuanian operator. By accumulating a wide range of third-party games, EGT will be able to deliver its premium content to providers around the globe.
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