Wink Bingo Acquisition Ups 888 Revenue - 02-15-10

February 15 - 888 Holdings, one of the leading online gaming operators in the world, announced impressive fourth quarter and yearly results recently.

The Gibraltar based group, which recently purchased Wink Bingo, saw a rise of 14% in operating income, while its B2B division, Dragonfish, reported a rise of 36% in operating income compared to the previous year.

A lot of this was thanks to the performance of 888 Holding's bingo brands, including 888Ladies, the newly launched 888Bingo and Wink Bingo.

In a recent interview, the Chief Executive Officer of 888 Holdings, Gigi Levy, said that he was satisfied with the way the acquisition of Wink Bingo had gone, and his group was now on the lookout for other successful acquisitions.

Thanks to Wink Bingo, 888's customer base went up a staggering 52%, providing the group with an extended platform off which to launch its other products.

Wink Bingo is currently offering new players a £15 welcome bonus, absolutely free, as soon as they sign up at the site.

Wink Bingo recently celebrated its 2nd birthday and offered extra chat games and promotions to lucky players.

888 Holdings has no debt and has plenty of cash reserves. "This leaves the group in a sound position to exploit further merger and acquisitions opportunities when they become available," said Levy.

"Our positive momentum continues into 2010 and, supported by our successful Wink acquisition and our various business initiatives, we expect to grow the business further during the current year," he said.

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