888 Holdings said that third-quarter revenue fell as it invested in the business, and backed its fourth quarter and full-year guidance.

The London-listed online betting-and-gaming company–which houses its namesake 888 brand as well as William Hill–said Wednesday that its business in Israel isn’t experiencing any significant impact despite the continuing conflict in the region.

Revenue for the third quarter fell 10% to 405.0 million pounds ($493.5 million) from GBP449.4 million for the same period a year earlier.

Per Widerström, CEO of 888, commented: “I am very excited to have joined the 888 Group as the new CEO. I have already been struck by the strength of the Group’s assets and its clear potential, as well as the ambition of our team.

I am happy to note that despite the regulatory challenges the Group has faced this year, the hard work by the team is already showing signs of results meaning that we head towards the end of the year with positive momentum, and well placed to grow in the coming years.

This is a business with a very strong foundation for profitable growth. But there are clearly also several areas for improvement which we will focus on to unlock our full potential and drive value creation. I am looking forward to working closely with our fantastic people in the Group, the talented executive team and the Board to ensure we are in the best possible position to deliver our plans and maximise value creation.”