B2C drives 888 earnings guidance upgrade

Online gaming firm 888 has raised full year earnings guidance after a strong third quarter and a good start to the fourth.

Online gaming firm 888 has raised full year earnings guidance after a strong third quarter and a good start to the fourth.

"The final quarter [Q4] has started positively with average daily revenues more than 7% ahead of the strong Q4 2011. A disciplined approach to our costs, and our analytics driven marketing spend proving highly efficient, means we now expect our EBITDA [earnings before interest, tax, depreciation and amortisation] for the full year to be significantly ahead of current market expectations," revealed Brian Mattingley, 888's Chief Executive Officer.

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