88831 Mar 2011 08:10
Operational Highlights
B2C
· Roll-out of new branding across all segments
· New Bingo B2C network launched in Sweden
· Poker version 6 released following a complete re-coding of the software client with fresh new look and feel, enhanced features, game play and user experience, and an online loyalty store, resulting in a significant increase in poker activity and revenue
· Innovative PokerCam product released
· 3D 888 casino launched
· Award of licence by Autorité de Régulation des Jeux En Ligne (ARJEL), the French Gaming regulator, to operate poker betting websites, following strategic agreement with Microgaming to launch a joint poker network for the French market
B2B
· Supplier relationship with Caesars Interactive Entertainment approved by the Nevada Gaming Commission, indicating 888's ability to be approved by the toughest and most demanding regulators in the world
· Launch of a free play World Series of Poker (WSOP) offering for the United States as part of Dragonfish's agreement with Caesars Interactive Entertainment
· Agreements signed with bwin Italia, Gioco Digitale and, Microgame S.p.A. for the provision of casino products to the Italian gaming market
· Launched Full Fun (www.pokerXtrem.fr), ad Astra (www.pokersubito.fr) and 888poker.fr on the joint liquidity poker network in France
· Launch of new standalone bingo networks, with Bingo Hollywood, Cashcade (Rollover Bingo) and Costa (City Bingo and Sing Bingo). Dragonfish now powers over twenty standalone bingo networks
· Awarded two of the most prestigious awards at the inaugural eGaming Review B2B Awards - 'White Label Partner of the Year' and 'Bingo Network of the Year' - and 'Most Popular Online Bingo Software' at the 2011 BingoPort.co.uk Players' Choice Awards
· New Managing Director appointed
Current Trading
The first quarter of 2011 has begun strongly with average daily revenues increasing by approximately 7% compared to a record performance in Q4 2010. Continuing the very positive trends of the previous quarter new customer acquisition has also increased 7% over the same period.
Discussions with Ladbrokes are ongoing. A further announcement will be made as and when appropriate.