The company touts internationally renowned brands such as William Hill, 888, and Mr. Green. Its average monthly active users grew 9% year-over-year for its online segment.
One of the world’s leading betting and gaming companies reported a 2% increase in revenue relative to its Q4 2023 performance, and the €431 million is slightly ahead of the €420-430 million guidance range that the company expected for the quarter. “I am pleased to report that Q1 2024 revenue was slightly ahead of our guidance, with strong player volumes converting into improved revenue run rates.
888 reported slight percentage declines in its retail and international segments though. The retail segment was down 7% year-over-year while international dropped just 2%. Group results faded 3% because of these declines. The company also concluded a strategic review of its business-to-consumer business in the United States on March 28, which resulted in“I was delighted to outline our multi-year value creation plan alongside our full-year results in March, and am pleased to report a strong quarter of progress against these plans.”
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