## 888 Experiences Significant Revenue Increase in Early 2021
888 Holdings is thriving! The organization recently declared unprecedented financial gains for the initial two quarters of this year, with overall earnings skyrocketing by a remarkable 39%.
The company witnessed its most substantial expansion in Italy (surpassing 80%!) and the UK (over 50%), accompanied by robust outcomes in Romania, Ireland, and Portugal. This accomplishment underscores the potency of 888’s brand familiarity and the widespread appeal of its distinctive product portfolio.
Chief Executive Itai Pazner linked the achievements to the company’s momentum carried over from 2020, especially within regulated sectors. He stressed that 888’s product-centric approach, analytics-driven marketing, and premium content are fueling their ongoing market share expansion.
In addition to the profit surge, 888 also disclosed an increase in tax obligations, climbing from approximately $51 million at the close of June 2020 to nearly $58 million by the end of June 2021.
Previously this year, 888 Holdings proclaimed a significant collaboration with Authentic Brands Group, the proprietor of Sports Illustrated, indicating further development and aspirations for the company.