{"id":130,"date":"2024-06-15T04:41:30","date_gmt":"2024-06-15T01:41:30","guid":{"rendered":"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/"},"modified":"2024-06-17T14:51:34","modified_gmt":"2024-06-17T11:51:34","slug":"888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success","status":"publish","type":"post","link":"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/","title":{"rendered":"888 Holdings Reports Soaring Q1 2021 Revenue Driven by Regulated Markets and Platform Success"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/GmpANcHFKYE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>888 Holdings is experiencing a period of significant success!  Their Q1 2021 revenue soared by an impressive 56% year-over-year, reaching an impressive $272.5 million.  This remarkable expansion is largely attributed to their regulated markets, which generated a substantial 76% of their overall revenue.  A pivotal element in this achievement has been the effective deployment of their proprietary sports wagering platform.<\/p>\n<p>The company is also witnessing a surge in user participation, with new depositing customers growing by 27% and the count of active players making purchases on the platform rising by 18%.  Their core business-to-consumer (B2C) operations experienced a 57% revenue increase, reaching $262.8 million.  This was propelled by a 68% surge in casino revenue, a 53% rise in sports wagering, and a commendable 10% growth in poker.<\/p>\n<p>Even their business-to-business (B2B) segment demonstrated strong performance, achieving a 20% increase to reach $9.7 million, primarily driven by their bingo offerings and expansion within the US market.<\/p>\n<p>Itai Pazner, 888&#8217;s CEO, conveyed his satisfaction, noting that the positive trend from 2020 has continued into 2021, with unprecedented numbers of first-time depositors and record revenue.  He acknowledged that while the global health crisis contributed to the growth of online entertainment, 888&#8217;s strategic initiatives were the primary catalyst for their accomplishments.  Pazner specifically emphasized the outstanding performance of their enhanced 888sport platform, which has effectively managed a higher volume of wagers without negatively impacting customer support, risk mitigation, or trading effectiveness.<\/p>\n<p>Looking forward, Pazner outlined 888&#8217;s ambitious goals for US expansion, aiming to introduce their sports betting platform in additional states and partner with Caesars Entertainment to broaden the reach of their upgraded poker platform. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>888 Holdings is experiencing a period of significant success! Their Q1 2021 revenue soared by an impressive 56% year-over-year, reaching an impressive $272.5 million. This remarkable expansion is largely attributed to their regulated markets, which generated a substantial 76% of their overall revenue. A pivotal element in this achievement has been the effective deployment of [&hellip;]<\/p>\n","protected":false},"author":108,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>888 Holdings Q1 2021: Soaring Revenue &amp; User Growth<\/title>\n<meta name=\"description\" content=\"888 Holdings is on fire! \ud83d\udd25 Q1 2021 revenue skyrocketed 56% to $272.5 million, fueled by their booming regulated markets. Discover the secret to their success and why users are flocking to their platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"888 Holdings Reports Soaring Q1 2021 Revenue Driven by Regulated Markets and Platform Success\" \/>\n<meta property=\"og:description\" content=\"888 Holdings is on fire! \ud83d\udd25 Q1 2021 revenue skyrocketed 56% to $272.5 million, fueled by their booming regulated markets. Discover the secret to their success and why users are flocking to their platform.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\" \/>\n<meta property=\"og:site_name\" content=\"Unlock the Secrets of Casino Success with Our Licensed Platform\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T01:41:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T11:51:34+00:00\" \/>\n<meta name=\"author\" content=\"Silas &quot;Sentinel&quot; Brandt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silas &quot;Sentinel&quot; Brandt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\"},\"author\":{\"name\":\"Silas \\\"Sentinel\\\" Brandt\",\"@id\":\"https:\/\/bebidashve.com\/#\/schema\/person\/ac65ae05831297fc9bce12d0a7a5d0e0\"},\"headline\":\"888 Holdings Reports Soaring Q1 2021 Revenue Driven by Regulated Markets and Platform Success\",\"datePublished\":\"2024-06-15T01:41:30+00:00\",\"dateModified\":\"2024-06-17T11:51:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\"},\"wordCount\":269,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/bebidashve.com\/#organization\"},\"articleSection\":[\"Gambling\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\",\"url\":\"https:\/\/bebidashve.com\/2024\/06\/15\/888-holdings-reports-soaring-q1-2021-revenue-driven-by-regulated-markets-and-platform-success\/\",\"name\":\"888 Holdings Q1 2021: Soaring Revenue & User Growth\",\"isPartOf\":{\"@id\":\"https:\/\/bebidashve.com\/#website\"},\"datePublished\":\"2024-06-15T01:41:30+00:00\",\"dateModified\":\"2024-06-17T11:51:34+00:00\",\"description\":\"888 Holdings is on fire! \ud83d\udd25 Q1 2021 revenue skyrocketed 56% to $272.5 million, fueled by their booming regulated markets. 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