Last updated Thursday, April 27, 2017 11:19 am GMT+8

Tuesday March 21, 2017
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888 Holdings saw strong performance in its sportsbetting and casino businesses. ― Reuters pic888 Holdings saw strong performance in its sportsbetting and casino businesses. ― Reuters picLONDON March 21 — British online gaming company 888 Holdings said it would pay a special dividend of 10.5 cents (RM0.47) per share for 2016 after posting a 82 per cent surge in full-year pretax profit, driven by strong performance in its sportsbetting and casino businesses.

The group, which operates 888 casino, poker, sport and bingo brands, said it was recommending a final dividend of 5.1 cents per share along with an additional one-off 10.5 cents per share bringing the total dividend to 19.4 cents per share. The company announced an interim dividend of 3.8 cents in August.

Revenue at its casino and sports divisions rose 21 percent and 49 percent, respectively, with total group revenue increasing 13 per cent to US$520.8 million.

Pretax profit rose to $59.2 million from $32.5 million a year ago. — Reuters

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