The economy has been in the crapper for quite a while now. Still, it’s hard to fathom how an industry whose customers continually pump quarters into slot machines without a true expectation of return on that money can claim hardship. I understand that people are spending less money gambling online, but let’s be real…online gambling is a can’t lose industry for those that are successful. That being said, 888 Holdings Plc, the second-largest U. K. online gambling company is predicting further growth in the coming months.

Gigi Levy, Chief Executive Officer of 888 said, “We feel a lot more confident in the industry’s going back to its normal growth trend, rather than continuing to be hurt by the recession. We’re looking at Q1 as the lowest point and aiming to grow from there.”

This recession is the worst since World War II, which coming from a British person is pretty terrible when you consider that Great Britain was pretty much obliterated. 888’s second quarter income saw a decline of 12 percent and an 8 percent slump in active online casino and poker players. Amidst the financial turmoil, 88 is taking an aggressive stance and seeking out joint ventures, having secured over twenty contracts with other companies, state owned lotteries, television stations and other media outlets.

888 is also interested in the ladies…their money that is. They are seeking to acquire or develop their own online gambling games geared towards women. Online bingo seems to be the big attraction for girls these days and Levy confirmed this will be their focus.

Tags: 888 online gambling, 888.com, online casino, online casinos, online gambling, online poker, recession

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