Strategy

The numbers game: A closer look at 888's current performance

A first half recovery from the operator suggests it’s turned a corner in its core casino business, but there are reasons to be a little cautious with the optimism

888 was the last of the major operators to report in H1 2019 and after a series of underwhelming results from its peers, expectations were fairly low. The reported numbers showing a 2% rise in group revenue to $277m and adjusted EBITDA down 14% to $42m was nonetheless still fairly underwhelming and the share price fell back…

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