888 CEO sees return to pre-slump web gambling

[The Buzz]

888 CEO Gigi Levy is forecasting sales growth in the online gambling industry of more than 20 percent next year as consumer confidence returns.

888's income declined 12 percent as compared to last year, and the number of active casino and poker customers declined 8 percent.

As reported by Bloomberg:

“We feel a lot more confident the industry’s going back to its normal growth trend, rather than continuing to be hurt by the recession,” Levy said in a telephone interview. “We’re looking at Q1 as the lowest point, and aiming to grow from there.”

[LiveCasinoPartners]

I hope he is right, that would love to see more growth this year.

[JonOfFinsbury]

Any growth for 888 will only be after a pretty steep falling off in the last six months; albeit with the second half of that period better than the first. Check it out:

http://www.egrmagazine.com/news/indu...the-load.thtml