RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2019 1 AGENDA | Itai - - PowerPoint PPT Presentation

RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2019

1

AGENDA

2

Itai Pazner | H1 2019 Highlights Aviad Kobrine | Financial Review Itai Pazner | Operational Review Q&A

ITAI PAZNER, CEO | H1 2019 HIGHLIGHTS

3

H1 2019 HIGHLIGHTS

4 ☉ Executing on the Group’s strategy ☉ UK demonstrating consistent turnaround ☉ Expanding the 888 product suite into new markets ☉ Post Merger Integration progressing well ☉ Product-focused organisation

AVIAD KOBRINE, CFO | FINANCIAL REVIEW

5

⦿ Revenue up 7% on a like for like basis 1 driven by UK turnaround and further progress in regulated markets ⦿ Revenue increase led by Casino and Sport up 14% and 28% respectively at constant currency ⦿ Fourth consecutive quarter on quarter revenue growth in the UK, H1 2019 UK Casino and Sport revenue each up 40% year on year (up 50%

at constant currency)

⦿ Regulated and taxed markets comprised a record 74% of Group revenue ⦿ Marketing ratio stable at 30% with new customer acquisition up 20%, led by Casino (up 49% overall and up 74% in the UK) reflecting CPA

efficiencies

⦿ Adjusted EBITDA margin of 15% mainly as a result of higher gaming duties in regulated markets ⦿ Adjusted EBITDA 2 down 20% to $42m; $45m at constant currency ⦿ Interim Dividend of $3.0c per share ⦿ Adjusted Basic EPS 2 at $6.7c

H1 2019 FINANCIAL HIGHLIGHTS

6

• 1. At constant currency, adjusted for the migration of Cashcade bingo and the Jet Management bingo and AAPN acquisitions
• 2. As defined in the 2019 half yearly financial review (H1 2018 comparative before one-off VAT accrual release)

1

1 Totals in this presentation may not sum due to rounding and are excluding the impact of IFRS16 2 US$10.7 million in respect of one-off VAT accrual release in H1 2018. 3 Excluding depreciation of $3.1m (H1 2018: $2.5m) and

amortisation of $9.3m (H1 2018: $7.6m) 4 Excluding share benefit charges of $3.3m (H1 2018: $5.0m) 5 As defined in 2019 Half yearly financial review

PROFIT AND LOSS ACCOUNT

7 $US Millions H1 2019 H1 2018 Revenue

277.3 283.9

VAT accrual release2

• 10.7

Revenue (excluding VAT accrual release)

277.3 273.2

Operating expenses3

71.5 70.4

Gaming duties

44.9 37.8

Research and development expenses

18.3 16.6

Selling and marketing expenses

84.3 82.7

% of Revenues 30% 30%

Administrative expenses4

16.5 13.3

Adjusted EBITDA

2,4

41.8 52.4

% of Revenues5 15% 19%

Depreciation and Amortisation

12.4 10.1

Finance

2.0 (0.2)

Adjusted Profit Before Tax

27.4 42.5

Taxation

2.5 4.7

Adjusted Profit After Tax

24.9 37.8

Adjusted Basic EPS5 6.7 ¢ 10.5 ¢

⦿ Figures shown before the impact of IFRS 16 ⦿ Higher gaming duties at $45m impact adjusted EBITDA

margin

⦿ Stable marketing ratio despite 20% increase in new

customer acquisition

⦿ Adjusted EBITDA after IFRS 16 $45m ⦿ Higher amortisation at $12.5m due to acquired Costa

customer list

Revenue H1 2019 vs. H1 2018

GROUP REVENUE

8

⦿ Group revenue up 2% to $277m (H1 2018: $273m); up 7% on a like for like basis* ⦿ Casino, Sport, new markets, healthy acquisition and UK recovery driving growth ⦿ B2B is impacted by transfer of business from B2B to B2C, soft trading in Globalcom bingo network and migration of Cashcade

$US millions H1 2019 H1 2018 Casino 175.4 161.0 Sport 44.5 37.5 Poker 23.1 30.6 Bingo 19.5 17.6 B2C 262.5 246.7 B2B 14.8 26.5 Group 277.3 273.2

20 40 60 80 100 120 140 160 180

Casino B2C Sport B2C Poker B2C Bingo B2C

161 37 31 18 175 45 23 19

H1 2018 H1 2019

* At constant currency, adjusted for the migration of Cashcade bingo and the Jet Management bingo and AAPN acquisitions.

Deposits Trend 2010 – H1 2019

⦿ Continued positive deposit trend supporting revenue growth ⦿ UK recovery, Italy and additional regulated markets driving increased share of deposits from regulated markets ⦿ Positive trend has continued into the second half of 2019 with double digit growth year on year

B2C DEPOSIT TREND

9

0% 50% 100% 150% 200% 250%

1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Regulated Markets Non-Regulated Markets

⦿ Strong progress in 888’s key growth engines: Casino and Sport ⦿ Overall B2C new customer acquisition up 20% ⦿ Casino new customer acquisition up 49% with active customers up 30%

Group Revenue H1 2019 vs. H1 2018

OUR ENGINE – LIKE FOR LIKE COMPARISON

10

Revenue increase YoY% Like for Like Revenue increase YoY%*

2% 6% 9% 19%

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

Group B2C B2C Casino B2C Sport

7% 9% 14% 28% Group B2C B2C Casino B2C Sport

* Group like for like - at constant currency, adjusted for the migration of Cashcade bingo and the Jet Management bingo and AAPN acquisitions.

Group Revenue and New Acquisition H1 2019 vs. H1 2018

OUR ENGINE – LIKE FOR LIKE COMPARISON

11

Revenue increase YoY%

2% 6% 9% 19%

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

Group B2C B2C Casino B2C Sport

85% 100% 113% 120% 133% 149%

Poker Base H118 Sport B2C Bingo Casino

B2C First Time Depositors YoY%

⦿ Strong progress in 888’s key growth engines: Casino and Sport ⦿ Overall B2C new customer acquisition up 20% ⦿ Casino new customer acquisition up 49% with active customers up 30%

⦿ UK recovery built on recreational player base ⦿ UK Casino first time depositors up 74%, driven by Orbit launch in May 2018 ⦿ B2C UK customer acquisition up 30% with all product verticals showing increases

UK Revenue and New Customer Acquisition H1 2019 vs. H1 2018

UK TURNAROUND

12

Revenue LFL increase YoY% First Time Depositors YoY%

100% 130%

H118 H119

• 1%
• 16%

4% 6% 14% 15% * like for like - at constant currency, adjusted for the migration of Cashcade bingo and the Jet Management bingo acquisitions

⦿ UK and Italy increasing as a share of Group revenue at the expense of ROW and Germany ⦿ Healthy geographical diversification continues ⦿ Regulated and taxed markets represent a record 74% of revenue

49% 44% 42% 37% 41% 43% 37% 26% 51% 56% 58% 63% 59% 57% 63% 74%

15% 25% 35% 45% 55% 65% 75% 85% 95% H1 2013 H1 2014 H1 2015 H1 2016 H1 2017 H1 2018 H1 2019 H1 2019 Reg & Taxed

Non-Regulated Regulated

UK 35% (32%) EMEA Rest 27% (27%) Spain 12% (12%) Italy 9% (8%) Germany 6% (9%) Americas 9% (10%)

ROW 2% (3%)

GEOGRAPHICAL SEGMENTATION

13

Geographic Segmentation H1 2013 – H1 2019

H1 2019 (H1 2018)

⦿ Revenue up 9% to $175m (H1 2018: $161m) reflecting a 14% increase at constant currency ⦿ Launch of Orbit, 888’s cutting edge web-based Casino front end (May 2018), has accelerated Casino progress ⦿ Casino FTD’s up 49% and active customers up 30%

Casino Revenue B2C H1 2019 vs. H1 2018

161 175

H1 2018 H1 2019

9% 14%

Nominal Constant FX

REVENUE CASINO B2C

14

$m %

37 45

H1 2018 H1 2019

Sport Revenue B2C H1 2019 vs. H1 2018

1 2 3 3 3 4 8 15 25 34 37 45

H1 08 H1 09 H1 10 H1 11 H1 12 H1 13 H1 14 H1 15 H1 16 H1 17 H1 18 H1 19

REVENUE SPORT B2C

15

$m $m

⦿ Revenue up 19% to $45m (H1 2018: $37m), up 28% at constant currency ⦿ Consistent growth continued to be led by regulated markets ⦿ Higher new customer acquisition and active days despite prior year World Cup comparative, ARPU up 19% ⦿ New front-end deployed post period end

⦿ Revenue up 19% to $45m (H1 2018: $37m), up 28% at constant currency ⦿ Consistent growth continued to be led by regulated markets ⦿ Higher new customer acquisition and active days despite prior year World Cup comparative, ARPU up 19% ⦿ New front-end deployed post period end

REVENUE SPORT B2C

16

Sport Revenue B2C H1 2019 vs. H1 2018

$m

19% 28%

Nominal Constant FX

%

37 45

H1 2018 H1 2019

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2018 2019

31 18 23

H1 2018 H2 2018 H1 2019

Poker Revenue & Deposits B2C H1 2019 vs. H1 2018

REVENUE POKER B2C

17

$m

Poker Players Deposit Trend

⦿ Revenue down 24% to $23m (H1 2018: $31m); up 26% compared to H2 2018 reflecting stablisation since the middle of 2018 ⦿ Cross-sell to Casino and Sport offset some of the decline with overall revenue from Poker players declining by only 4% ⦿ Revenue is impacted by payments restrictions in certain markets and the impact of pooled liquidity between Spain and France

(888 currently does not operate in France)

⦿ Poker revenue in Italy up 38%, recent launch of 888’s first shared liquidity network between Spain and Portugal showing encouraging signs

⦿ Revenue up 10% to $19m (H1 2018: $18m); up 17% at constant currency, down 3% pro forma (adjusting for Costa acquisition at constant

currency)

⦿ Revenue up 9% (excl. the acquired brands ) compared to H2 2018 ⦿ New customer acquisition up 33% (up 20% excl. the acquired brands)

18 19

H1 2018 H1 2019 Bingo Revenue B2C H1 2019 vs. H1 2018

REVENUE BINGO B2C

18

$m

10% 17%

Nominal Constant FX %

Marketing Cost H1 2019 vs. H1 2018

MARKETING COST

19

⦿ Encouraging 20% increase in new customer acquisition despite stable marketing investment year on year reflecting efficiency of spend ⦿ Marketing in regulated markets up 4% ⦿ Stable marketing ratio at 30% (H1 2018: 30%)

Marketing Costs Marketing Costs % of Revenue

$m %

83 84

• 10

20 30 40 50 60 70 80 90 100

H1 2018 H1 2019

30.3% 30.4%

15.0% 25.0% 35.0%

H1 2018 H1 2019

⦿ Total costs at 84.9% of revenue* (H1 2018: 80.8%) driven primarily by higher gaming duties ⦿ Higher gaming duties result from the Group’s regulated markets focus coupled with higher gaming duties rates in the UK, Italy and Romania ⦿ Admin cost increases are the result of legal costs related to recent acquisitions and Brexit mitigation plan

25.7% 25.5% 25.8% 25.8% 34.4% 31.6% 30.3% 30.4% 6.0% 6.4% 6.1% 6.6% 5.4% 5.1% 4.9% 6.0% 11.5% 13.8% 13.8% 16.2%

0% 20% 40% 60% 80%

H1 2016 H1 2017 H1 2018 H1 2019

Gaming duties

• Admin. Expenses

R&D Operating expenses S&M expenses

Cost as a % of Total Revenue

COST STRUCTURE

20

* Operational margins are based on adjusted EBITDA as defined in 2019 half yearly financial review. H1 2018 Ratios applied before VAT accrual release.

83.2% 82.4% 80.8% 84.9%

⦿ Increase in gaming duties – both in volume and in rate ⦿ Gaming duty ratio was reduced in Spain from H2 2018

GROWTH IN REGULATED MARKETS

21

Gaming Duties Bridge H1 2018 to H1 2019

* Totals may not sum due to rounding

37.8 44.9 5.8 4.9 3.7

20 25 30 35 40 45 50

Gaming Duties Actual H1 2018 UK Italy, portugal, Sweden and other Spain Gaming Duties Actual H1 2019

Increase Decrease

Adjusted EBITDA H1 2019 vs. H1 2018

⦿ Higher UK POC and other gaming duties impact margin ⦿ Adjusted EBITDA at $42m (H1 2018: $52m) and $45m at constant currency ⦿ Adjusted EBITDA margin at 15% (H1 2018: 19%)

ADJUSTED EBITDA AND MARGIN

22

Adjusted EBITDA Adjusted EBITDA margin

$m %

52.4 41.8

• 10.0

20.0 30.0 40.0 50.0 60.0

H1 2018 H1 2019

19.2% 15.1%

0.0% 10.0% 20.0%

H1 2018 H1 2019

$US Millions Period Ended 30 June H1 2019 H1 2018 Non-current assets Goodwill and other Intangible assets 242.0 160.2 Right-of-use assets 26.1

• Property, plant and equipment

13.4 8.4 Other non-current assets 2.6 2.3 Investments 1.1 1.2 Current assets Cash and cash equivalents 111.0 143.6 Trade and other receivables 43.8 44.5 Short term investments 0.0 0.0 Total Assets 440.0 360.2 Equity Share capital and share premium 6.9 6.9 Retained earnings, reserves and treasury shares 145.6 124.9 Total equity attributable to equity holders 152.5 131.8 Liabilities Current liabilities Trade and other payables 140.5 125.6 Provisions 10.9 28.3 Tax liability 15.5 6.0 Customer deposits 57.4 65.6 Interest-bearing loans and borrowings 37.6

• Severence pay liability

4.0 2.9 Non-current liabilities Interest-bearing loans and borrowings 21.6

• Total equity and liabilities

440.0 360.2

BALANCE SHEET

23

⦿ Unlevered balance sheet ⦿ $26.1m right of use assets – a result of IFRS 16 ⦿ Increase in fixed assets partly relate to new Dublin data

centre ahead of Brexit

⦿ $21.6m interest-bearing loans relate to IFRS 16 future

periods lease commitments

⦿ $37.6m loans and borrowings include $5m IFRS 16 current

period lease liability and RCF drawn $33m

CASH FLOW

24

⦿ M&A totaling $53m partially funded by $33m RCF ⦿ Final 2018 Dividend of $29m paid

$US Millions Period Ended 30 June H1 2019 H1 2018 Profit before income tax 22.2 60.1 Adjustments 14.7 12.9 Changes in working capital 5.2 (34.2) Exceptional items 1.6 (12.0) VAT accrual release

• (10.7)

Net cash from operating activities 43.7 16.1 M&A (53.4) 0.0 Internally generated intangible assets (4.5) (6.5) Other investing activities (6.7) (3.1) Net cash used in investing activities (64.6) (9.6) Dividends paid (29.4) (41.4) RCF 33.0

• Other financing activities

(4.5) (0.7) Net cash used in financing activities (0.9) (42.1) Net decrease in cash and cash equivalents (21.8) (35.6) Cash and cash equivalnets - beginning of period 133.0 179.6 Effect of currency translation (0.2) (0.4) Cash and cash equivalnets - end of period 111.0 143.6

ITAI PAZNER, CEO | OPERATIONAL REVIEW

25

⦿ 360 degree approach – combining R&D, Product, Marketing, enhanced responsible gaming and compliance ⦿ Infused by Orbit Casino and evolving 888sport product ⦿ Continued growth focus in the biggest online gaming market globally ⦿ Rolling out this methodology to further markets

UK Revenue and New Acquisition H1 2019 vs. H1 2018

23% 31% 50% 50% UK UK B2C UK Casino UK Sport

UK TURNAROUND

26

Revenue increase YoY%

(at constant currency)

First Time Depositors YoY%

100% 130%

H118 H119

⦿ Orbit global rollout completed ⦿ KPIs showing clear positive trends: FTDs, Activity, user engagement that are complemented by lower CPA ⦿ Continued investment in content and personalisation, utilising AI and new marketing tools

CASINO LEADERSHIP

27

Revenue Casino B2C H1 2019 vs. H1 2018

Casino UK First Time Depositors

100% 130%

H118 H119

Casino Active Players Increase

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 2017 2018 2019

‘Orbit’ launch

CASINO LEADERSHIP

28

⦿ Unique content constantly delivered by section8 complemented by games from leading worldwide providers

Section8 Originals New Providers 3rd Party

60% 70% 80% 90% 100% 110% 120% 130% 140% 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2017 2018 2019

OUR GROWTH STORY - SPORT

888sport UK Deposits

⦿ New proprietary 888sport front-end deployed ⦿ Progressing as planned to first market

re-launch (888sport.se)

⦿ Dublin (ex-Betbright) is the new 888sport

global hub

⦿ PMI progressing very well ⦿ Sport continues to be a cross-market / cross product growth

engine

⦿ Looking forward to Euro 2020

Continental Regulated Progress (Bets EUR)

0% 500% 1000% 1500% 2000% 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 2012 2013 2014 2015 2016 2017 2018 2019 Bets

Casino Poker Sport

REGULATED CONTINENTAL EUROPE

30

Casino Poker Sport

⦿ Existing regulations expansion (Italy, Spain, Denmark, Romania) ⦿ New regulations launched (Sweden, Portugal) ⦿ Potential future regulations (Netherlands, Germany, France)

TURNING THINGS AROUND - POKER

31

⦿ Stabilising 888poker post a challenging 2018 ⦿ Liquidity is king ⦿ 888poker.pt launch marked first EU shared liquidity ⦿ Aiming to launch 888poker.fr during 2020 ⦿ Poker8 development and rollout continues,

a constant improvement

⦿ Results are following investment

TURNING THINGS AROUND – DRAGONFISH / BINGO

32

⦿ Full-stack bingo and casino offering with over 600 games from 30+

different game providers

⦿ Roll-out of new technology-based client infrastructure underway ⦿ Costa PMI on track ⦿ Maintaining a healthier and more balanced player ecosystem following

additional regulation

⦿ POC2 Impact ⦿ B2C stabilised revenue despite introduction

• f additional tax

⦿ B2B shift to focus on larger partners ⦿ Assessing new market expansion

Bingo Platform (GBP) Active Days Per Player

0% 40% 80% 120% 160%

1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 2016 2017 2018 2019

0% 40% 80% 120% 160%

1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 2016 2017 2018 2019

DRAGONFISH PLATFORM KPI’s

33

Bonus Per Player ARPU

* Jan 2016 as base = 100. Funded players .

Deposit Per Player

0% 40% 80% 120% 160%

1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 2016 2017 2018 2019

0% 40% 80% 120% 160%

1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 2016 2017 2018 2019

OPTIMISATION VALUE ENGAGEMENT RETENTION

US

34

⦿ 888casino re-launched through Orbit in NJ ⦿ 888sport going into 2nd NFL season

with campaigns and cross-sell efforts

⦿ Aiming to grow market share and leverage

into additional states

⦿ “Smart and Selective” approach to new states ⦿ Recent record-breaking WSOP

event across NJ and NV with Caesars

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2018 2019

ORBIT LAUNCHES

#1 Poker Network in the US**

72% 16% 12%

• AVE. CASINO BETS

888 888 PLATFORM

*In 888Casino NJ, 1-23/7 compared to 24/7-31/8 **Source: NJ Regulator reporting and Group internal Data for NV and Delaware

GOOD EARLY SIGNS FOR ORBIT NJ

⦿ Daily casino bets Increase ⦿ +31% in daily avg. FTDs*

since Orbit grand launch

US

SUMMARY

36

⦿ UK turnaround and back to growth pattern ⦿ Numerous growth opportunities in other EU markets ⦿ On track to reach 1 million FTDs this year – a significant milestone ⦿ Focused on Poker and Bingo turnaround efforts ⦿ Growing US footprint through “Smart and Selective” approach ⦿ Recent acquisitions - PMI on track ⦿ Proactive M&A approach, additional opportunities are constantly

evaluated

⦿ Positive current trading continues; Casino

and Sport leading the momentum

APPENDIX

37

⦿ Immediate positive effect of Portugal players on the overall joint network with Spain ⦿ 888poker.fr planned for 2020 ⦿ Awaiting regulatory advancement in Italy

EU SHARED LIQUIDITY

38

0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200% 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 2018 2019

Monthly Liquidity Index

888Poker.es PokerStars shared Winamax.fr iPOker Industry

Portugal Impact on Shared Liquidity

DEPOSIT TRENDS

CONTINENTAL EUROPEAN REGULATED

39

⦿ Spain robust performance, offset in part by Poker and FX ⦿ Italy stellar growth

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2015 2016 2017 2018 2019

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2015 2016 2017 2018 2019

PRODUCT LEADS THE WAY

40

⦿ An organisational strategic focus on product ⦿ Both quality and innovation ⦿ Enhanced UX and customer journey ⦿ AI, content customisation and localization

as major product facets

⦿ Embedded customer due diligence &

responsible gaming tools

⦿ A seamless cross-product

customer experience

EU SHARED LIQUIDITY

41

⦿ Immediate positive effect of Portugal players on the overall joint network with Spain ⦿ 888poker.fr planned for 2020 ⦿ Awaiting regulatory advancement in Italy

Portugal Impact on Shared Liquidity

0% 20% 40% 60% 80% 100% 120% 140% 160% 180% 200% 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 2018 2019

Monthly Liquidity Index

888Poker.es PokerStars shared Winamax.fr iPOker Industry

ORBIT NJ FIRST SIGNS

1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 2018 2019

ORBIT LAUNCHES

1 5 9 13 17 21 25 29 2 6 10 14 18 22 26 30 4 8 12 16 20 24 28 1 5 9 13 17 21 25 29 5 6 7 8 ORBIT LAUNCHES

+31% in daily avg. FTDs* since Orbit grand launch

* In 888Casino NJ, 1-23/7 compared to 24/7-31/8

AVERAGE DAILY CASINO BETS AVERAGE DAILY NEW PLAYERS