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Legal
January 31, 2023
888 to Keep Its Gibraltar License in Spite of Compliance Breaches
The Gibraltar Gambling Commissioner, Gibraltar’s official gambling regulator, is taking action against 888 Holdings, which breached local regulations. While failings were recorded, 888 will likely keep its license, the authority noted. 888 Faces Trouble in Gibraltar The commissioner will soon begin reviewing and discussing the outcome of the internal investigation of 888 Holdings’ business, the […]
Business
January 30, 2023
888 Suspends VIP for Some Markets and Sees CEO Step Down
The company revealed that Itai Pazner, who held the position of chief executive officer and executive director, is stepping down from his positions with the company. 888 revealed that the change is effective immediately and that the company’s non-executive chair, Lord Mendelsohn, is taking over the position of executive chair on an interim basis. This […]
Business
January 13, 2023
888 Records Disappointing Q4 Results, CFO to Step Down
Leading global gambling company 888 Holdings saw a surprising decline in revenue in the fourth quarter despite a World Cup boost 888 explained the slight dip in revenue with the new online gambling regulations in the UK, regarding the quarter with optimism despite the disappointing metrics. The company’s retail segment performed well, recording a modest […]
Industry
December 5, 2022
888 Holdings Names Anna Barsby as CPTO
888 Holdings, the parent company of a variety of gambling brands, has reinforced its leadership team with the addition of Anna Barsby. The new appointee will serve as the operator’s new chief product and technology officer. Barsby Joins 888 as CPTO Barsby brings in years of experience. She is currently a non-executive director at Cumberland […]
Business
December 1, 2022
888 Revamps Expansion Strategy for the US Market
The leading global gambling company, 888 Holdings, held its Capital Markets Day (CMD) earlier this week. The company discussed an extensive list of topics during the event, among which, was its further growth into the regulated gambling markets in the United States. 888 Holdings Updates US Expansion Strategy A key message delivered during the CMD […]
Business
October 18, 2022
888 Holdings Posts £449M in Revenue for Q3 Marking 7% YoY Decrease
The leading betting and gaming company, 888 Holdings, which consists of world-famous brands William Hill, Mr Green, SI Sportsbook and 888, released its latest trading update. The company unveiled its unaudited financial results for the three months ended September 30, 2022, or Q3 2022. 888 Releases Third Quarter Results The group’s total revenue in Q3, […]
Industry
September 8, 2022
MGCB Approves 888 as Hannahville’s Platform Provider
Michigan’s gambling regulator, the Gaming Control Board (MGCB) has greenlit 888 Holdings’ platform agreement with the Hannahville Indian Community. The deal will see the international gambling giant supply the local tribal operator’s online sports betting operations with platform solutions. The Tribe Had to Seek a New Provider This agreement was prompted by TwinSpires’ exit from […]
Industry
September 1, 2022
Recently Appointed 888 Board Member Randy Freer Resigned
Randy Freer, one of three recently appointed members to the Board of Directors at 888 Holdings, has resigned from his duties with immediate effect, the betting and gaming operator announced. Outside Commitments behind Resignation Publishing a short statement to investors, Gibraltar-based gambling group 888 Holdings announced the resignation of Freer from his duties as an […]
Business
August 12, 2022
888 Holdings Releases H1 Report, Revenue Reaches $403.5 Million
888 Holdings Plc, a globally renowned online gambling and betting company, has posted its financial results for the first half of 2022, ending on June 30. According to the report, the company’s revenue reached £332.1 million ($403.5 million), which is a 13% YoY decrease as its 2021 H1 revenue was £380.9 million ($462.8 million). The […]
Business
July 7, 2022
Broadway Acquires 888’s Dragonfish Bingo Arm
UK-based gambling operator Broadway Gaming finalized the purchase of betting company 888 Holdings’ bingo division. The $45.25 million deal covers 888’s entire B2B and B2C bingo business and includes a twelve-month transitional period where 888 will provide transitional assistance for a pre-agreed fee. 888 Moves Away from Bingo to Focus on iGaming and Betting 888’s […]
