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Gambling News - '888'
Industry
September 27, 2023
OpenBet Powers the First Sports Illustrated Sportsbook in Michigan
Leading gambling platform and services provider OpenBet has agreed to leverage its capabilities to facilitate the launch of Sports Illustrated Sportsbook’s first retail location. The brick-and-mortar sportsbook, which launches as a result of the partnership between Sports Illustrated and 888, will mark the former company’s foray into the retail sector. Sports Illustrated and its parent […]
Business
September 13, 2023
Sean Wilkins to Succeed Yariv Dafna as 888 CFO
Gambling giant 888 Holdings has announced the appointment of Sean Wilkins as its new group chief financial officer. Wilkins will step into the office on February 1, 2024, succeeding the incumbent CFO Yariv Dafna. Dafna will step down earlier, departing from the company on October 2, 2023. The CFO role will be temporarily handed to […]
Business
August 21, 2023
FS Gaming Terminates Voting Rights Deal with Segev
FS Gaming Investments is ending its voting rights agreement with Shay Segev, Entain’s former chief executive. This was announced in a regulatory filing filed by 888. FS Gaming Investments is a fund owned by three ex-Entain (formerly GVC Holding) executives, namely Kenny Alexander, Lee Feldman and Stephen Morana. The new filing says that Segev, who […]
Legal
August 15, 2023
888 Subsidiary Reaches Settlement Following KYC and EDD Failings
This settlement is the outcome of an internal review conducted by 888 subsidiary Virtual Global Digital Services earlier this year, which unveiled several deficiencies in their Know Your Customer (KYC) and Enhanced Due Diligence (EDD) practices. These shortcomings prompted the company to take corrective measures and cooperate with the regulatory authorities to address the issues. […]
Business
August 15, 2023
888 Releases First Half of 2023 Results, Reports Growth
The leading betting and gaming company that consists of multiple globally-recognized brands, including Mr Green, 888 and William Hill, 888 released its latest financial update, revealing details regarding its performance for the six months ending June 30, 2023. Judging by the unaudited figures, 888’s group revenue hit £881.6 million ($1.12 billion). This result, when compared […]
Business
August 7, 2023
Per Widerström Departs Catena Media to Take the Helm at 888 Holdings
Per Widerström’s decision to step down comes as he embarks on an exciting new chapter in his career, taking on the prestigious position of chief executive officer at renowned iGaming giant 888 Holdings. Widerström’s new appointment is a testament to his extensive expertise and exceptional track record within the iGaming sector. His time at Catena […]
Industry
August 3, 2023
Nuvei Supplies Fintech to 888 in the United States
Canadian financial technology specialist Nuvei unveiled a new partnership agreement with 888, a global gambling juggernaut. As per the deal, the former company will enhance the operator’s payment capabilities, helping it expand its presence in the United States. According to the announcement, 888 will leverage Nuvei’s superior tech platform, acquiring reach, instant bank-to-bank payments and […]
Sports
August 1, 2023
888Africa Makes a Move for BetLion as Local Presence Grows
Not only is the continent fast-developing but is it also attracting some of the biggest names in the industry, and 888 is no exception. 888AFRICA, the part-owned entity by 888, has said that it is buying out BetLion, a sportsbook, which is part of the company’s grander plans for the region. BetLion to Help with […]
Business
July 25, 2023
888 Names Per Widerström as Its New CEO
888, one of the biggest gambling groups in the world, has just unveiled a major new addition to its leadership team. The company behind famous gambling brands such as William Hill, 888 and Mr Green announced the appointment of Per Widerström as its new chief executive officer. Widerström will step into office on October 16 […]
Business
July 17, 2023
Yariv Lavi Confirms Plans to Leave 888 after 13.5 Years
Yariv Lavi took to his social media to make the big announcement. The “highly experienced International Business Development executive” who specializes in finding, assessing, and implementing strategic deals has shared that he would be “leaving #888 this week” at the end of what he described as an incredible journey. Lavi, “Appreciative for the Opportunity” to […]