![]() President of 888 Online evaluates performance and cites difficulties to be overcome Due to one-time expenses, including some associated with the acquisition, the business recorded a pre-tax loss of £115.7m.Ĩ88 Online reported an adjusted pre-tax profit of £80.5m, a decrease of 10% from the previous year due to higher interest expense the company incurred due to the acquisition of William Hill. It was the same year that 888 successfully negotiated a deal to acquire William Hill’s non-US operations, including its approximately 1,400 UK betting shops. ![]() 888 Online, which bought William Hill last year, said its total revenue was down about 3% to £1.9 billion ($2.38 billion) in the year to the end of December.Īs a result, the 15% decline in online revenue “which was driven by proactive investment in enhanced player security measures” in the UK and the closure of its Dutch operation was largely mitigated.
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