Poker Group uses Casino Winnings to help bottom line

888 Holdings

Online poker room Pacific Poker is part of 888 Holdings, which is an online gaming company, and which relied on earnings from their casino properties in order to increase revenues down from poker profits. All together the group looks positively for the 2009 outcome, reporting a pre-tax profit of $48.6 million for last year, which is a jump of twenty percent for revenues to $256.8 million. The atmosphere for online poker has been tough since the UIGEA was passed in the US a few years ago, but remains profitable for big groups like 888.