Pacific Poker’s parent company posts good ‘07 numbers

April 9th, 2008
pacificpoker.jpg

Related Articles

888 Holdings PLC, owner of Pacific Poker, announced its preliminary 2007 year end financials, and the news was good.

Net gaming revenue for its non-United States continuing operations grew by 36% from 2006, with 106% profit over the same time period.

Like many online casinos and poker rooms, however, 888 discontinued its U.S. operations and actually saw a decline in overall numbers. Net gaming revenue for 2007 was $216.9 million, down from $289.9 million in 2006.

According to pokernews.com:

888 CEO Gigi Levy said, “2007 was a year of transformation for 888 in which we had to restructure our business following the enactment in the United States of the Unlawful Internet Gaming Enforcement Act in October 2006. I am very pleased to report that we have now successfully completed the restructuring and repositioning of the business and have delivered record results for the year, both in terms of revenue and profit. This demonstrated the resilience of our business, the strength of our team and the continued attractiveness of our business model.”

Whole thing here.


Article Credit: Dustin

mailer

Online Propping

Rakeback Deals

  • WPEX
  • Full Tilt
  • Walker
  • Cake
  • Carbon
  • Sun
  • Walker

Daily Poker Quiz

AA on safe board, no limit full ring - DailyHandQuiz

Game type: 25/50 Full Ring Cash, PokerStars
Your image: Active, possibly a little frustrated
Opponent's image: Very aggressive preflop
Your hand: Ad Ah

The setup: You've had an uneven session so far and it's been a bit since you won a hand. This hand there's a poster in the hijack preflop. The table folds to him and he checks. You raise $200. The button folds and the SB three bets to $825. The BB and hijack fold, and you flat.

You have a good amount of history with the raiser. He is a very active three bettor and seems to have your number in recent sessions. He is very aggressive against your preflop raises, especially if there's a squeeze opportunity. He's also a pretty steady continuation bettor.

You flop about as dry as can be:

jc 2h 6d

The SB leads for $985 into $1750. What's your play?


Vote and comment at DailyHandQuiz.com