19th Jan 2006 07:01
888 Holdings plc19 January 2006 888 Holdings Public Limited Company ("888" or the "Company") Announcement of Trading Update 888, one of the world's most popular online gaming companies, will be announcinga trading update in respect of the year ended 31 December 2005 on Thursday 2ndFebruary 2006. Contacts and enquiries 888John Anderson Chief Executive Officer +350 49800Aviad Kobrine Chief Financial Officer +350 49800 Bell Pottinger Corporate & FinancialAnn-Marie Wilkinson +44 (0)20 7861 3232Nick LambertGeoff Callow Notes to Editors 888.com is the most popular online casino and poker operator. It is headquartered and licensed in Gibraltar with further offices in Tel Aviv, Antiguaand London. It has over 20 million registered member accounts in over 150countries worldwide and customer support is available in 11 languages - 24 hoursa day, seven days a week. In October 2005 888's shares were admitted to the main market of the LondonStock Exchange with an initial market capitalisation of £590 million.888.com offers traditional casino products such as blackjack, roulette, craps,baccarat, keno, slot machines, video, and a variety of poker games. Its mainpoker offering is provided through the Pacific Poker brand which offers ringgames and tournaments. Other offerings include the Betmate betting exchange (for non US members only),other skill games such as checkers, backgammon and arcade games (888.tv) as wellas free poker school and other casino games through 888.info The Group has its own R&D arm that is based in Israel and develops proprietarysoftware for exclusive use by 888.com. This enables the Group to continuallyevolve and develop the software and systems to give customers a state of the artgaming experience. It also provides a full back office management system that isowned and controlled directly by 888. This ensures the company is not reliant onthird parties for its software. 888 has been at the forefront of moves to ensure that the industry is subject toa high level of regulation. It was instrumental in the foundation of theeCommerce and Online Gaming Regulation and Assurance (eCOGRA) initiative. Thishas established a set of best practice regulations and enforces them through acombination of independent monitoring and inspection. Through the establishmentof eCOGRA, 888 has helped to create a regulatory framework that delivers safe,honest and player-sensitive online gambling. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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