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The Latest in 888 holdings
Business
March 26, 2024
888 Confirms FY 2023 Results, Expresses Optimism about 2024
Gambling group 888 has posted its FY 2023 results, highlighting its performance in the year ended December 31. The figures confirm some of the figures first announced in January. In 2023, 888 recorded revenue of £1.71 billion ($2.16 billion) – a figure that was affected by the company’s dotcom exits, safer gambling-related changes in the […]
Business
March 26, 2024
888 Unveils Potential Rebrand Following FY 2023 Results
London-listed gambling operator 888 has unveiled a comprehensive value creation plan (VCP) following its full-year 2023 results, which saw a significant 38% increase in reported revenue. The company has outlined priority targets for the upcoming year, revealing potential changes such as a rebranding to evoke plc, subject to shareholder approval at the 2024 AGM. Ongoing […]
Business
March 6, 2024
888 Initiates US B2C Strategic Review with Sale or Exit as Outcome
British sportsbook and gaming company, 888 Holdings, has announced the termination of its partnership with Authentic Brands Group, through which it had licensed the Sports Illustrated (SI) brand for its casino and sportsbook efforts. At the same time, the leading betting and gaming company with globally recognized brands like 888, William Hill, and Mr Green […]
Business
November 16, 2023
888 Highlights Responsible Gaming Efforts Amid Safer Gambling Week
888, the company that acquired William Hill earlier this year, provided insights into its efforts to promote responsible gambling across its retail business during the ongoing Safer Gambling Week. According to the company, the initiative is a great opportunity to reflect on its progress. Mark McCaffrey, the company’s head of compliance policy, retail & sportsbook, […]
Business
November 9, 2023
DraftKings Contemplated 888 Holdings Takeover, Report Says
American sports betting giant DraftKings had considered a takeover of 888 Holdings amid the struggles experienced by the latter company. While the former company has not yet approached 888 with a takeover proposal, it mulled over the possibility and discussed the matter with 888 shareholders. According to a report by the Financial Times, DraftKings considered […]
Business
October 24, 2023
Widerström Spends $1.16M to Double 888 Shareholding
Per Widerström, the new head of 888 Holdings, has purchased over a million company shares, drastically increasing his stake. The move highlights the new CEO’s confidence in the value of the company’s shares and his conviction that the shares will rebound. Widerström’s latest move saw him spend £949,000 (approximately $1.16 million) on a total of […]
Business
October 18, 2023
888 Reveals Q3 Results, Posts 10% Decrease in Revenue
The world’s leading betting and gaming company that owns globally recognized brands such as 888, Mr Green and William Hill, 888 Holdings Plc, released its latest trading update. On Wednesday, the company released its newest report, revealing details regarding its performance for the three months ended September 30, 2023. The recent trading update reveals that […]
Business
September 28, 2023
888 Holdings Cautions Investors as Q3 Performance Falls Below Expectations
Leading betting and gaming group 888 Holdings has issued a cautionary statement to its investors, indicating that its Q3 performance may fail to reach initial expectations. The London Stock Exchange (LSE)-listed company remained optimistic that this downturn would remain temporary, expecting a swift recovery in 2024. This announcement closely mirrors that of Entain, signaling a […]
Business
September 26, 2023
888 Readjusts Senior Leadership Amid Global Business Growth
In mid-September, leading betting and gaming company 888 Holdings announced the appointment of Sean Wilkins as its new chief financial officer, a decision that will go into effect starting February 1, 2024. The month before that, the company made its H1 2023 results public, reporting strong revenue and adjusted EBITDA growth with special emphasis on the […]
Casino
September 6, 2023
888 Holdings Gets Content Boost from REEVO
The company will now have its games available across 888 Holdings and the company’s leading iGaming platforms, including but not limited to William Hill, Mr Green, and the eponymous 888casino brand itself. REEVO Injects Its Original Titles into 888’s Brands REEVO will deploy a number of its cutting-edge content that has been developed internally, including […]