Financial Times FT.com

888 counts cost of poor exchange rates

By Roger Blitz, Leisure Industries Correspondent

Published: November 17 2008 18:54 | Last updated: November 17 2008 18:54

The impact of the dollar’s strength on European online gambling companies was underscored on Monday by 888, which reported a fall in turnover since the end of the summer.

888 reported a 24 per cent rise in operating income in the third quarter compared with the previous year, but a 2 per cent fall compared with the second quarter.

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