Tag Archives: 888 Holdings

888 Holdings attributes revenue growth to sports division

As part of its trading update for the period from 1 January to 18 May 2019, online gambling group 888 Holdings has reported “strong momentum” across its operation in global regulated markets. Growth, according to the update, was largely driven by sport – which saw a 29 per cent jump for the period – while the group’s Casino branch also …

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888 completes £18m Mandalay acquisition

Online gambling group 888 Holdings has completed its previously announced £18m takeover of number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. In February, 888 agreed to acquire a number of digital bingo brands from the Jet Management Group and Jet Media, which form the basis of the Mandalay operating unit. As a result of …

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888 reports “sweeping changes” amid UK woes

Online gambling group 888 Holdings has reported record earnings throughout 2018 in its full year report, despite trying to navigate a tricky regulatory landscape across its core UK market. The group reported a two per cent decrease in its overall Group Revenue from $541.8m (£415.3m) in 2017 to $529.9m (£406.1m). The operator put this down to the increased competition in …

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888 integrate BetBright into group following acquisition

Following the takeover of Irish operator BetBright earlier in the week, it has been clarified that the BetBright’s Dublin headquarters were to be integrated into the 888 group, and that players would have 30 days to access accounts to withdraw funds or winnings. As a goodwill gesture, 888 announced that any bets placed on the BetBright platform for the Cheltenham …

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BetBright ceases operations “on a permanent basis” following 888 takeover

Following its acquisition by operator 888 Holdings earlier this week, Irish betting operator BetBright has ceased its gambling operations to customers “on a permanent basis”, according to a statement on the platform’s website. Customers will still be able to gain access to BetBright accounts for a period of 30 days which will allow for the withdrawal of funds or winnings. …

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888 pens £18m deal to buy JPJ’s Mandalay

London-listed online gambling group 888 Holdings has agreed upon an £18m deal to acquire a number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. 888 has purchased a number of digital bingo brands from the Jet Management Group and Jet Media, who form the basis of the Mandalay operating unit. The online gambling group has …

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888 puts responsible gambling at forefront with Andrew Anthony appointment

BetBright

Gaming and entertainment solutions provider, 888 Holdings, has named Andrew Anthony as its new Responsible Gaming Director, who has been tasked with aiding the operator’s player protection efforts. Anthony, who has worked for the operator for 15 years, will oversee 888’s responsible gaming division, with the aim to enhance player protection through the improvement of responsible gaming operations, systems and …

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888 confirms CEO change as Pazner replaces Frieberger as corporate leader

Issuing a corporate filing, London-listed online gambling group 888 Holdings has this morning disclosed that Itai Frieberger will step down as Chief Executive Officer (CEO), transferring leadership of the company to Itai Pazner (COO). A 14-year 888 Holdings executive, Frieberger ends his three-year tenure as 888 CEO, with governance informing that he will take-on a directorship role undertaking a leadership …

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Tech focused 888 confident of delivering on 2018 expectations

The governance of London-listed online gambling group 888 Holdings, has issued a ‘pre-close 2018’ trading statement detailing that it is confident of achieving its full-year corporate targets and expectations. “The second half of the financial year has seen 888 deliver further progress against the Group’s strategic objectives. Consequently, the Board remains confident that adjusted EBITDA for the full year will …

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888 launches NJ online sportsbook property

London-listed online gambling group 888 Holdings, has bolstered its active US portfolio launching its 888sports online sportsbook brand for the regulated state of New Jersey.   Updating the market, 888 adds online sports betting services to its existing online casino and poker verticals active within New Jersey since 2013. 888sports New Jersey property will be powered by the firm’s long-term …

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