British Online gaming company 888 Holdings has just released their first quarter earnings. They reported an impressive 25% increase in revenues which was largely to people gambling online in the midst of the economic slowdown.

With the tough economic ties many are experiencing, online gambling like scrathcards offers the most affordable and rewarding type of gambling on offer.

Online gambling such as scratch cards are the ideal way to have a flutter at minimum cost. In order to enjoy scratchcard gaming in the year 2012there is no longer a need to leave your house. Online scratchies are available to you at the touch of a button.

888 have over 11.3 million registered customers as of March 31 which is an increase of 23% from the same period last year. Their registered customers include poker, casino and sports betting accounts.

Their overall revenues rose to $94 million from $75 million in the previous year.

There was even more good news for 888 as there are already strong indicators of growth for the second quarter. In a company statement released they said,” Trading during the first three weeks of the second quarter continued to be strong, with average daily revenue one percent higher than the first quarter 2012,”

It is no surprise that many choose a format like that of scratchcards has attracted many because from as from as little as 10p you could win one of the million pound scratchcard jackpots on offer.

The newly elected 888 Chief Brian Mattingly has confirmed as well that talk with Donald Trump Casino Resorts are ongoing as well as with other parties in the U.S.

The U.S. gambling and online scratchcard market is seen by many as potentially one of the most lucrative and attractive gambling markets. There is general consensus that the lies of online scratchcards and poker will reach the U.S. The only question is when U.S. scratchie fans will enjoy their beloved scratchgames from their own home base.

Like many other gaming companies 888 is looking to capitalize on the ongoing developments in the U.S. gambling market. Many firmly believe it is not a matter of if but when the legal situation in the U.S. gets clarified.

In a report in Bloomberg CEO Mattingly also commented on their progress in Italy where 888 began operating in July 2011. He said that he was very pleased with the company’s progress and remains cautious about the U.S.

It is encouraging to see that online scratchcards are reaching all parts of the globe. The familiar and prevalent scratchgame format needs no explaining to potential players as there is not a corner of the globe where the timeless scratchcard is unidentified.

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