888 reports strong progress

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The Independent Online

Internet gaming firm 888 Holdings today reported a 36-per-cent rise in net gaming revenues in its first full year without any business in the US.

The operator of Paradise Poker took 213 million US dollars (£109m) in the year to December 31, with its casino games winning 22 per cent more in the company's fourth quarter, compared to its third.

The firm, which was hit by the US internet gaming ban in 2006, added its new 888Ladies bingo brand had started well.