Profit up at poker group

ONLINE gaming firm 888 has posted a 6% rise in annual profits, despite a tough final quarter and drop in demand for poker playing.

The Pacific Poker owner reported pre-tax profits of £34.3m, but said it had suffered a “disappointing” fourth quarter for poker, dragging the division’s revenues down by 4% over the year.

888, which has a technology, marketing and distribution partnership with Liverpool football pools group Sportech, said while casino trading remained challenging in the current year, daily average revenue was higher by 5% than in December, and poker play had grown quarter on quarter.

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