888, one of the world's leading online betting and gaming companies, today announces a post-close trading update for the 12 months ended December 31.
Revenue growth of 14 per cent was driven by the continued success of the group's product-leadership strategy and continued expansion in regulated markets.
The growth was driven by regulated and taxed markets, which contributed 74 per cent of revenue (2020: 73 per cent), with strong performances in the UK, Italy, Romania and Portugal, partially offset by a decline in Germany.
Itai Pazner, CEO of 888, commented: "2021 was a year of outstanding strategic progress for 888 as we announced the transformational acquisition of William Hill International and reached an agreement to sell our bingo business to increase our focus on our B2C and US growth plans, as we continue to execute our plan to build a global online betting and gaming leader.
"In addition, we successfully launched SI Sportsbook in the US shortly after signing a long-term brand partnership and began operating 888sport under a new licence in Germany, all using our in house sports platform."
