BUSINESS

888 expects ‘significantly lower’ full year profit

TAGs: 888, lower full year profit

UK firm 888 is warning market watchers that it expects full year profit to be well below earlier estimates. Contributing to the drop is an 18% decrease in daily avg. poker players, the weakness of both pound and euro, and dragons — huge, fire breathing dragons. Okay, that last one’s a joke, but they won’t be laughing down at the 888 offices, where the downturn will likely only add momentum to the planned cull of employees. Read more.

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