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Online-gaming group figures climbed 14.3% in final quarter

888 Casino, the huge global online casino and poker business, has today reported it's figures for the fourth quarter of trading. The operating profit soared to $68m after much better performances of its business to consumer casino division and a higher contribution from its business to business offering.

Lord of the rings pokie The figures for the year are down by 6% to $247m, which were in line with expectations, but the Q4 performance has buoyed the market. The management team at the online casino is now confident of hitting the predicted net profit before tax of $45m.'s focus on growing it's B2B arm has meant that it has not fared as well against some of its major online casino rivals with Playtech and Party Gaming posting strong results for the full year.

The Group explained that it had signed a deal with Harrah's Entertainment to provide it with online-gaming services. The Dragonfish division will support the UK launch and roll out of the World Series of Poker and Caesars Casino brands in 2010, which should impact positively on 2010's figures.

Commenting on today's figures, Gigi Levy, Chief Executive Officer, said:

"We are pleased that the fourth quarter saw a return to stronger trading...Our positive momentum continues into 2010 and, supported by the successful Wink acquisition and our various business initiatives, we expect to grow the business further during the current year."

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