Profit before tax was £14.4 million ($17.5 million), which is a 66% YoY decrease. Adjusted EBITDA reached £50 million ($60.75 million), which is a 29% decrease from the £70.3 million ($85.4 million) in H1 of 2021. The closure of the Dutch market also paid a role.Īdditionally, 888 noted that if the UK and the Netherlands are excluded from the list, the revenue of the company is actually up 2%. In its official report, 888 has noted that even though the business had “relatively stable revenues,” the new and safer gambling policies in the UK were the main reason why its overall revenue went down. The UK and the Netherlands Were the Main Reasons Why the Revenue Went Down According to the report, the company’s revenue reached £332.1 million ($403.5 million), which is a 13% YoY decrease as its 2021 H1 revenue was £380.9 million ($462.8 million). 888 Holdings Plc, a globally renowned online gambling and betting company, has posted its financial results for the first half of 2022, ending on June 30.

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