News Item

Online Poker Room Continues to Boom

By launchpoker, Mar 20, 2006

Pacific Poker and its parent company, 888 Holdings PLC, an online casino and poker operator, are continuing to do well, having a sizable increase in profit for the 2005 fiscal year. Recently released reports from the CEO of 888 Holdings, John Anderson, confirm that the company's booming success is lead in a big way by the popularity of the poker part of the operations. 2.3 million newly registered poker member accounts have been opened, a huge figure by any standards, and a big driver to financial success for the gambling outfit. 888 Holdings also operates Reef Club Casino and Casino-On-Net.



An after tax profit jump of nearly sixty percent for the year has been good news for 888 Holdings, with the NGR, or Net Gambling Revenue, jumping a big 179%, translating to just under $110 million.