888 Holdings plc
14 September 2006

888 Holdings Public Limited Company

('888' or the 'Company')


Interim Results for the six months ended 30 June 2006





888, one of the world's most popular online gaming entertainment companies,
announces its interim results for the six months ended 30 June 2006.


Financial Highlights


Profit before tax* up 88% to $48.0m (H1 2005: $25.6m)
Net Gaming Revenues ('NGR') up 32% to $163.5m (H1 2005: $123.7m)
Profit before tax* margin up to 29% (H1 2005: 21%)
Operating expenses % of NGR down to 25.6% (H1 2005: 28.0%)
Cost per acquisition** of US$165 (H1 2005: US$200)
Net cash generated from operating activities up 109% to $56.1m (H1 2005:
$26.8m)
Basic EPS* up 89% to 13.8c (H1 2005: 7.3c)
Interim dividend of 4.5c per share
Special dividend of 4.0c per share


* 2006 - excluding share benefit charges


** Excluding customers recruited on a revenue share basis.


Operational Highlights


Geographical expansion outside US - 48% of NGR from non-US territories
and 67% of new real money sign ups from non-US territories


Rapid growth in NGR in the UK up 61% and Continental Europe up 16%


Increased yields per member from Casino and Poker divisions


Continued technological innovation


Continued investment in the 888 brand through sports sponsorships
including two new football sponsorships with Sevilla FC and Toulouse FC in
addition to the World Snooker Championship and a third year with
Middlesbrough FC


Commenting, John Anderson, CEO of 888 said:


'These are excellent results and represent a record performance of profitable
growth. We have delivered on all our flotation goals.


Trading during the first 10 weeks of Q3 is in line with management expectations
and we are on track to achieve a satisfactory outcome for the full year.

As of 31 December 2006, I shall step down as CEO and take the role of
non-executive Director. The current COO, Gigi Levy will succeed me as CEO.
Gigi is an excellent, experienced individual who is more than capable of taking
on this challenge.

I am proud to have led 888, since 2000, through its formative years into the
success it is today. Over the past six years, 888 has been a pioneer in the
online gaming industry.'



An audio replay of the presentation to analysts will be available from the
investor relations section of 888's website (
http://www.888holdingsplc.com

StockMarketWire.com
Optimal Payments has extended its existing partnership with 888 Holdings to offer an integrated suite of payment processing services for the licensed U.S. online gaming market.

Under the partnership Optimal Payments' services were offered as a pre-integrated solution for the 888.com brand and all other licensed operators who used the 888 platform in the U.S. gaming market.

The Optimal Payments solution included payment, gateway and digital wallet services specifically designed to meet the stringent requirements of U.S. state gaming regulators, and was already live and processing for licensed operators.

888 has agreements in place with operators in Nevada, New Jersey and Delaware.

Pre-Close Trading Update
888 today reports on trading prior to entering the closed period in respect of its preliminary results for the year ending 31 December 2013.

The trends reported at the time of the Q3 KPIs and IMS announced on 16th October 2013 have continued. 888 remains confident of meeting management expectations for full year adjusted EBITDA*.

StockMarketWire.com
Online gaming group 888 will announce its key performance indicators for the fourth quarter of 2013 on 30 January 2014.

http://www.moneyam.com/action/news/showArticle?id=4747393

888 is today publishing its Interim Management Statement for the period from 1 October 2013 to the date of this announcement, incorporating the Group's fourth quarter trading period from 1 October 2013 to 31 December 2013.

Q4 Highlights
· Group quarterly revenue reached an all time high of US$107 million (Q4 2012: US$97 million), an increase of 10% year on year and a 14% increase vs. Q3 2013 reflecting revenue increases in each of the Group's reporting segments compared to Q3 2013.

· Revenue B2C at US$93 million (Q4 2012: US$86 million), an increase of 8% year on year

· Revenue B2C Casino at US$51 million (Q4 2012: US$44 million), an increase of 15% year on year, supported by enhanced product offering, extended regulated markets proposition, advanced CRM initiatives and further mobile penetration

· Revenue B2C Poker at US$25 million (Q4 2012: US$24 million), an increase of 2% year on year reflecting further market share gains and advancing to number 2 in the global poker rankings**

· Successfully launched in regulated New Jersey and Delaware markets in November 2013


Full Year Highlights:
· Group revenue for full year 2013 at a record US$401 million (2012: US$376 million), an increase of 7% year on year

· Revenue B2C for full year 2013 at US$352 million (2012: US$330 million), an increase of 7% year on year

· Number of active customers B2C Casino and Poker at 602,000 (Q4 2012: 520,000), a 16% increase year on year

· As at 31 December 2013, 888 had 15.5 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 19% since 31 December 2012

· Significant progress made in the US market through the Group's All American Poker Network (AAPN) joint venture with Avenue Capital making 888 the only online gaming provider live in all three regulated states:

· World Series of Poker (WSOP) brand, launched using 888's gaming platform and technology in Nevada in September;

· Launch of iGaming in Delaware in November with poker, casino table games and casino slots powered by 888;

* All percentages in this release are calculated without rounding

· 888casino and 888poker brands launched alongside WSOP brand in New Jersey in November.

Notice of Results
888 Holdings Plc, one of the world's most popular online gaming entertainment and solutions providers, will be announcing its full year results for the year ended 31 December 2013 on Tuesday 25th March 2014.

StockMarketWire.com
Online gaming entertainment group 888 said revenue increased 7% to $401m in the year to end-December, while profit before tax increased 30% to $53m.

· B2C Revenue increased 7% to US$352m (2012: US$330m)

· Adjusted EBITDA increased 13% to US$76m (2012: US$67m)

· Adjusted EBITDA margin increased to 18.9% (2012: 17.8%) · · Final dividend at 4.0 cents per ordinary share per policy (2012: 4.5 cents), and due to strong performance the Board is recommending an additional one-off dividend of 7.0 cents per share (2012: 2.0 cents), bringing the total dividend per share for the year to 14.0 cents per share (2012: 9.0 cents)

· Adjusted EPS increased 19% to 16.6 cents per share (2012: 13.2 cents)

· As at 31 December 2013, 888 had 15.5 million Casino, Poker and Sport real money registered customeraccounts, representing an increase of 19% from 31 December 2012

Operational Highlights

· Continued strong performance in core Casino and Poker products

· Improved 888Sport offering delivering positive results

· Further excellent progress in Spain

· Successful launch in regulated US states:

o World Series of Poker (WSOP) brand, powered by 888's gaming platform and technology, launched in Nevada in September 2013

o Launch of iGaming in Delaware in November 2013 with poker, casino table games and casino slots powered by 888

o 888casino and 888poker brands (through AAPN joint venture) launched alongside WSOP brand in New Jersey in November 2013

Recent Developments



· In February 2014, the states of Delaware and Nevada signed an interstate compact where-by poker liquidity can be pooled positioning 888 in an excellent position to gain from increased liquidity

· Average daily revenue for the year to date up more than 8% against the prior year

Brian Mattingley, CEO, commented:

"2013 was a very busy but also exceptionally rewarding year for 888. I am delighted to report that we have delivered record-breaking revenue and increased our profitability, driven by our strong brands, exceptional platforms and best-in-class marketing systems.

We delivered excellent progress in our core markets and built on momentum in Spain where we have quickly developed a market-leading position. Casino delivered another strong performance and we made further market share gains in Poker, advancing to number two in the PokerScout global rankings at the year end. We have also significantly strengthened our offering in Sport, which is delivering positive results. All of this was achieved whilst devoting significant energy and resources on preparing 888 for our successful launch in the regulated US market.

I am delighted with 888's achievements in 2013 which were made possible by the amazing hard work, dedication and talent of our team. I would like to take this opportunity to thank each of them for their fantastic efforts during the year.

We have started 2014 well, with average daily revenue up more than 8 per cent in the year to date, and look forward to the year ahead with continued confidence."

Interim Management Statement
Q1 2014 Key Performance Indicators and Interim Management Statement

888, one of the world's most popular online gaming entertainment and solutions providers, is today publishing its Interim Management Statement for the period from 1 January 2014 to the date of this announcement, incorporating the Group's first quarter trading period from 1 January 2014 to 31 March 2014.

Q1 Highlights

· Group quarterly revenue reached a record of US$114 million (Q1 2013: US$103 million), an increase of 11% year on year and a 7% increase compared to the strong Q4 2013

· Revenue B2C at US$98 million (Q1 2013: US$92 million), an increase of 7% year on year

· Revenue B2C Casino at US$54 million (Q1 2013: US$48 million), an increase of 14% year on year, leveraging strong customer acquisition in Q4 2013

· Revenue B2C Poker at US$25 million (Q1 2013: US$24 million), an increase of 4% year on year

· Revenue B2C Bingo at US$12 million (Q1 2013: US$12 million), an increase of 2% year on year and a 9% increase over Q4 2013

· Revenue B2B at US$16 million (Q1 2013: US$11 million), an increase of 43% compared to Q1 2013 and a 13% increase over Q4 2013 primarily driven by Bingo and our US operations

· Number of active customers B2C Casino and Poker at 682,000 (Q1 2013: 634,000), an increase of 7% compared to Q1 2013

· In February 2014, the states of Delaware and Nevada signed an interstate compact whereby poker liquidity can be pooled, strongly positioning 888 to gain from increased liquidity.

http://www.moneyam.com/action/news/showArticle?id=4790417

Notice of Half Year Results
888 will announce its financial results for the six months ended 30 June 2014 on Wednesday 27th August 2014.

StockMarketWire.com

Online gaming group 888 said during the first half-year it anticipates announcing EBITDA for the period significantly ahead of the prior year period.

Whilst the outcome for the full year will be dependent on the Company's trading during the second half, the Board continues to look forward with confidence.

888 will release its results for the first half on 27th August 2014.

StockMarketWire.com
Online gaming group 888's revenue was $111m in the second quarter - an increase of 15% year on year.

B2C revenues were up 11% at US$95m and B2C Casino revenue was US$53m, an increase of 15% year on year, capitalising on best in class CRM and back office technology.

B2C Poker revenue rose by 2% to US$23m, maintaining the group's no. 2 position in global liquidity rankings.

Chief executive Brian Mattingley said: "I am pleased to report that 888 has delivered another strong performance in the second quarter which, in combination with our very good start to the year, has once again resulted in record-breaking revenue for H1. This outcome has been driven by strong performances across both our B2C and B2B lines of business and is testament to our exceptional brands, technology, marketing and CRM systems. Whilst the outcome for the full year will be dependent on trading in the second half, we continue to look forward with confidence as we further develop the business."

StockMarketWire.com
Online gaming entertainment and solutions provider 888's first half revenues rose by 13% to $225.1m but pre-tax profits fell by 4% to US$34.0m due to the impact of FX.

The group said its record performance was driven by strong growth across B2C and B2B lines of business and adjusted earnings before interest, tax, depreciation and amortisation rose byu 27% to $49.0m.

Chief executive Brian Mattingley said:

"888 has delivered another excellent set of results in what has again been a record-breaking period for the business. Revenue growth has been driven by strong performances across both our B2C and B2B lines of business which reflects our exceptional brands, technology, marketing and CRM systems as well as the passion of our highly skilled team.

"We have delivered growth across all key product verticals, with Casino the standout performer delivering another period of double-digit growth. We are delighted by the turnaround of our improved Bingo business and 888sport has delivered an outstanding performance by more than doubling revenue year on year reflecting the strength of our re-launched offer. Whilst the outcome for the full year will be dependent on trading in the second half we continue to look forward with confidence as we further develop the business."

888 also announced that Richard Kilsby intends to retire as Non-executive Chairman following the company's 2015 Annual General Meeting. At the same time, Brian Mattingley will step down as Chief Executive Officer, and will be appointed as Executive Chairman of the Board.

Permira Sees 888 as Possible Buyout Target
Private Equity Firm May Consider Bid, But Any Interest Is Preliminary. New licensing and tax regime for online gaming in the U.K. is clearing the air around the sector, and making one of the industry's biggest players, 888 Holdings a potential buyout target.

British private-equity firm Permira sees the online gaming company as a potential target and may consider a bid itself, according to people familiar with the situation. Two of these people said Permira is actively looking at 888, though any interest is preliminary.

Peel Hunt comment:
Upside for take-private? Unlike bwin.party, which has significantly underperformed as a business, 888 is at the top of its game; while there may be some opportunity to take a bit of cost out, it is not material. The upside would come from the private equity backer being confident that 888 could materially offset the c$23m-25m impact of the point-of-consumption tax and that the US position can move from losses into profit. Both of these are possible but, once a premium is paid, the risk-reward doesn’t look overly compelling. Of course, 888 might just be the first step in a more ambitious consolidation play that could also involve bwin.party.
Sector consolidation likely: While we think a take-private is unlikely, industry consolidation is not. As 888 is a significant player, we would expect it to take part in broader industry consolidation. The powerful backers and finance houses behind Amaya’s acquisition of PokerStars (c12x EBITDA) show that there is appetite for the online gaming sector and, perhaps more interestingly, this includes unregulated as well as regulated earnings. At the PokerStars take-out multiple, 888 would be valued at c160p."

StockMarketWire.com
Online gaming provider 888's group revenue rose to an all time record of US$114m in the third quarter - an increase of 22% year on year.

B2C revenues rose to US$98m - an increase of 19% year on year - while B2C Casino revenues increased to US$56m - up 23% year on year.

B2C Poker revenues were 3% up at US$23m as the group continued to maintain its No. 2 position in global liquidity rankings.

B2C Bingo revenues rose to US$11m - an increase of 9% year on year, continuing the recovery of its Bingo operations.

Other highlights:

- Q3 revenue B2C Emerging Offering at US$9 million (Q3 2013: US$5 million), an increase of 84% year on year, lead by strong Sport performance, reflecting a successful FIFA World Cup and leveraging our newly integrated Sport platform capabilities.

- Q3 revenue B2B at US$16 million (Q3 2013: US$11 million), an increase of 41% year on year driven by US operations and Bingo

- Number of active customers B2C Casino and Poker at 584,000 (Q3 2013: 498,000), an increase of 17% compared to Q3 2013

- As at 30 September 2014, 888 had 17.3 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 16% from 30 September 2013

Chief executive Brian Mattingley said "I am delighted to report that 888 has continued its strong performance in Q3, delivering an all time quarterly revenue record of $114m. This was driven by an outstanding performance from Casino, reflecting our leading product and superior technology, as well as impressive growth in Sport, our B2B business and Bingo. "We continue to build customer numbers reflecting the core strengths of the 888 brand, our leading product offer and CRM systems. With our highly skilled and innovative team, we continue to look forward with confidence as we further develop the business."

Pre-Close Trading Update
888 today reports on trading prior to entering the close period in respect of its preliminary results for the year ending 31 December 2014.

Since the announcement of 888's Q3 IMS and KPIs on 4 November 2014 the Group has continued to perform in line with management's expectations. 888 remains confident of meeting management expectations for full year adjusted EBITDA*.

StockMarketWire.com
888 Holdings has confirmed that it has received an approach from William Hill over a possible offer. 888 says there can be no certainty that any firm offer will be made nor as to the terms on which any firm offer might be forthcoming.

888 says the company's shareholders will be kept informed of relevant developments and a further announcement will be made as appropriate, but in any event by no later than 28 days from today.

StockMarketWire.com
888 and William Hill have terminated their talks due to a significant difference of opinion on value with a key stakeholder. 888 confirmed on 10 February that it had received an approach regarding a possible offer for the company by William Hill but that there was no certainty that any firm offer would be made nor as to the terms on which any firm offer might be forthcoming.

888 says the board and the representatives of the principal shareholder trusts, together with their respective advisers, have had a number of discussions with William Hill and its advisers concerning a possible recommended offer, valued at 200 pence plus a 3 pence dividend per share.

But it says: "Due to a significant difference of opinion on value with a key stakeholder, it has not been possible to reach agreement on the terms of a possible offer and the board of the company has agreed with William Hill to terminate discussions."

Chief executive Brian Mattingley said: "The Company is in good health and continues to trade comfortably in line with expectations. The Company will announce its full year results on 24 March 2015 and the Board of the Company looks forward to the future with confidence."

Panmure Gordon note:
"888 Holdings has today announced the termination of discussion with William Hill, with an offer suggested to be 203p per share (including 3p dividend) set to be recommended by the board. However, due to a significant difference of opinion on value with a key stakeholder, it has not been possible to reach agreement on the terms and as such discussions have been terminated. At the suggested offer price 888 would be valued at a market capitalisation of £723m and represent a takeout multiple of 25.5x 2015E EPS and 16.8X 2015E EBITDA.

We retain our Sell recommendation on 888 and 96p price target. We believe competition will increase significantly in the UK post the introduction of the Point of Consumption Tax, resulting in a significant slowdown of revenue growth for 888, whilst we believe the valuation remains aggressive given the high proportion of unregulated revenue (c.40%)."

I believe LAD had looked at buying '888' sometime ago, with this deal failing other smaller players may come into view as t/o candidates. There does appear to be too many players in the betting arena.
2517

888 announces its audited annual financial results for the year ended 31 December 2014.

Financial Highlights
·
Revenue increased 14% to US$455m (2013: US$401m)
·
B2C Revenue increased 11% to US$391m (2013: US$352m)
·
B2B Revenue increased 32% to US$64m (2013: US$48m)
·
Adjusted EBITDA* increased 33% to US$101m (2013: US$76m)
·
Adjusted EBITDA* margin increased to 22.1% (2013: 18.9%)
·
Profit before tax increased 28% to US$68m (2013: US$53m)
·
Cash generated from operating activities increased 24% to US$112m (2013: US$90m)
·
Corporate cash net of customer liabilities increased 58% to US$96m (2013 US$60m)
·
Final dividend at 4.5 cents per ordinary share per policy (2013: 4.0 cents), and due to strong performance the Board is recommending an additional one-off dividend of 7.0 cents per share (2013: 7.0 cents), bringing the total dividend per share for the year to 15.0 cents per share (2013: 14.0 cents)
·
Adjusted EPS* increased 16% to 19.2 cents per share (2013: 16.6 cents)
·
Basic EPS increased 13% to 16.1 cents per share (2013: 14.2 cents)
·
As at 31 December 2014, 888 had 17.9 million Casino, Poker and Sport real money registered customer accounts, representing an increase of 15% from 31 December 2013


Operational Highlights
·
Mobile embedded and driving growth across product verticals now representing 33% of UK revenue
·
Continued outperformance in Casino reflecting market-leading product and CRM
·
888Poker bucks negative industry trends and maintains No. 2 position in global poker rankings
·
Spectacular growth from 888Sport including strong FIFA World Cup
·
Further excellent progress in Spain including launch of Sport in H2
·
Encouraging trends in Italy following launch of mobile in Q4
·
B2B growth from Dragonfish including the addition of 13 new Bingo skins


Recent Developments
·
Successful deployment of shared poker network across states of Delaware and Nevada in March 2015 creating significant competitive edge for 888 and its operating partners.

Brian Mattingley, CEO of 888, commented:
"2014 was another record-breaking year for 888 during which we again delivered strong growth in revenue and profitability. This outstanding result reflects the fundamental strength of our business and the continued execution of our focused strategy. This is underpinned by our strong brands, exceptional technology and industry-leading marketing systems.

Our core Casino product delivered another outstanding performance reflecting our strength and heritage in this vertical, while 888Poker cemented its position at number two in the PokerScout global rankings at the year end. The outstanding 115 per cent revenue growth from 888Sport was an undoubted highlight of 2014 and we continue to see very exciting growth opportunities in this vertical.

Trading during the first quarter of the year has been in line with our expectations with significant increases in new customer recruitment as well as increases in deposit level and bet volumes. Average daily revenue during the quarter to date was 6 per cent lower than the previous year, and on a constant currency basis and excluding the impact of VAT, which from 2015 is deducted from revenue generated in certain jurisdictions, the performance was 7 per cent ahead.

Whilst the business faces external challenges in the form of Point of Consumption Tax in the UK, VAT in certain jurisdictions and adverse foreign exchange movement from a strong US Dollar, I am confident that the Group is well placed to take advantage of opportunities that regulatory change opens up to companies such as 888.

I am delighted with 888's record achievements in 2014, and I would like to take this opportunity to thank each member of our dynamic and talented team for their fantastic efforts during the year."