888, one of the world most popular online gaming entertainment and solutions providers, provides an update on the Group’s current trading and the currently anticipated potential impact of COVID-19 in the financial year ended 31st December 2020.
Current trading
The Group’s strong momentum at the end of 2019 which, as previously reported on 7 January 2020, culminated in revenue in December 2019 at an all-time monthly record for 888, has continued into 2020. During the year to date*, the Group has traded well and in line with the Board’s expectations with average daily revenue 18% above the comparable prior year period.
The Group’s performance in the current financial year to date has been underpinned by continued progress in the Group’s Casino and Sport verticals, each recording average daily revenue 24% ahead of the prior year. In addition, new customer acquisition across the Group’s B2C business in the year to date has been 20% higher year-on-year with B2C average daily deposits 32% higher year-on-year.