888 announced the release of its live streaming sports betting service, BetWatchWin, which will be available to UK and Ireland customers through sports betting brand 888 Sports. The sports streaming service will be provided via sports right agency Sportsman Media Group. 888 sports will be allowed to stream live tennis, European Basketball, Ice Hockey and football. The operator has made …
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Financial news sources report that European private equity firm Permira is considering a bid for 888 Holdings The Wall Street Journal Online (WSJ), reports that Permira appear to be interested to make an acquisition in the online gambling sector, due to upcoming changes in licensing and the introduction of new tax regimes throughout European markets. Permira reports to have €20 …
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888 Holdings posted 13% rise in yearly revenues to $225 million (£135 million) for its H1 2014 results. The igaming operator said its record performance was driven by strong growth across B2C product channels, which accounted for $193 million of company revenues. 888 Holdings adjusted earnings before interest, tax, depreciation and amortisation rose by 27% to $49 million (£29.5 million) …
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Speaking to industry and financial analysts at the 888 Holdings’ ‘Earnings Call’ on Tuesday 5 August, CEO Brian Mattingley and Chief Operating Office Itai Frieberger gave further insight into the operators ambitions with regards to its sports betting product – 888 Sports. 888 Gaming’s Emerging Offering channel, which incorporates its 888Sport sportsbook, saw an increase of 15% to $7m for the second …
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Online operator 888 Holdings has recorded an increase in revenues of 15% to US$111m for the second quarter of the year, with all divisions experiencing growth. 888’s Emerging Offering channel, which incorporates its 888Sport sportsbook, saw an increase of 15% to $7m, with casino, poker and bingo all experiencing uplifts of 15%, 2% and 17% respectively. On the B2B side, …
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888 Holdings published its earnings report for 2013, the results saw a positive performance for 2013 as the operator generated a record turnover. 888 Holdings posted a full year revenue of $401 million (€290.6 million), the figure represent a 7% increase on the $376 million posted by 888 Holdings for 2012. 888 holdings B2C division, contributed the majority of revenue …
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