Online gambling group 888 says non-U.S. gaming revenue rose 20 percent
Online gambling group 888 Holdings PLC, which is in talks with bookmaker Ladbrokes about a possible sale of the business, said Tuesday that net gaming revenue at its non-U.S. operations rose 20 percent in the third quarter. Income from non-U.S. business rose to US$38 million (?29.6 million) in the three months through Sept. 30 compared with US$32 million in the same period a year earlier, the company said in a statement. 888 is trying to prop up its business after the United States effectively banned Internet gaming. The company was among several London-listed gaming groups to close or sell their American business after U.S. Congress added to an unrelated bill a provision that would make it illegal for banks and credit-card companies to settle payments for online gambling sites. "Despite the suspension of our real money gaming operations in the U.S., following the enactment of the Safe Ports Act in October 2006, our business continues to be sound and exhibit healthy growth in non-U.S. regions," Chief Executive John Anderson said.

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