By Joe Zusman | February 18, 2008

Slowly but surely, many online gaming companies are climbing out of the abyss created by the loss of U.S. customers stemming from the UIGEA in 2006.888 Holdings, operator of internet poker stalwart, Pacific Poker, as well as Casino-On-Net, is no exception.

2007 was 888’s first full year with no American players, and compared to its 2006 with those customers removed, its net gaming revenue was up 36 percent to $213 million.The fourth quarter revenues, year-over-year, increased a very impressive 55 percent.

Pacific Poker, specifically, saw its revenues grow 18 percent for the year.888 Holdings feels confident that revenues can double and profits triple by 2010.

Related posts:

1. 888 Holdings Profits Double
   Showing that it may have come out from under the shadow of the UIGEA, online gaming firm 888 Holdings reported...
2. Betfair Financials Promising
   Thanks to a new online casino, a revamped poker room, and a sharp up-tick in customers, Betfair has seen its...
3. PartyGaming Customer Growth Slows, Revenues Rise
   Despite a slowdown in new signups, PartyGaming reported revenue growth of 24 percent to $115.7 million for the third quarter...
4. Playtech Foresees Strong 2008
   Online poker and casino software developer, Playtech, announced that revenues grew sharply in the final quarter of 2007 and it...
5. Party Poker Rebounds with Player Growth
   PartyGaming announced Thursday that daily revenues from its online poker room, the formerly top-dog Party Poker, have ticked up a...