888 Holdings has strengthened its senior leadership team after confirming that Vaughan Lewis will assume the newly-created position of Chief Strategy Officer. Due to join the company in early 2021, Lewis will leave his role at Flutter Entertainment where he held the position of transformation lead for the international business following its acquisition of The Stars Group in May 2020. …
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City news sources report that New York investment fund Apollo Global Management will bid to acquire William Hill Plc’s ‘non-US assets’, as the FTSE250 firm moves to merge with US strategic partner Caesars Entertainment. Apollo had formally announced its intentions to bid for an outright acquisition of William Hill. However, the investment fund’s pursuit of the heritage UK betting group …
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Sportradar has agreed to deliver its risk management solution for 888sport’s tennis offering after securing a new partnership with the operator’s umbrella company, 888 Holdings. Under the partnership, Sportradar will supply its data and risk management solution, Managed Trading Services (MTS) Return Guarantee, for the operator’s extensive tennis offering. Nick Soye, Business Development Manager, Management Trading Services at Sportradar, commented: …
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Reporting growth across all core metrics and strong progress on its year objectives, 888 Holdings has upgraded its full-year 2020 earnings to be ‘significantly ahead of its prior expectations’. Publishing its 2020 interim results (period ending 30 June), 888 has recorded a 37% increase in group revenues to $379 million (H12019: $277m) which the company stated was largely driven by …
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888 Holdings has filed a notice with the London Stock Exchange, confirming that Lord Jonathan Mendelsohn will replace Brian Mattingley as its designate company chairman. The appointment of Lord Mendelsohn as new chairman is scheduled to take place at 888’s next annual general meeting in May 2021, with Mattingley officially resigning from all governance duties. In its notice, 888 highlighted …
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The board of 888 Holdings has confirmed the inbound appointment of Yariv Dafna as its new Group CFO, replacing long-term incumbent Aviad Kobrine. Back in January, Kobrine confirmed that he would end his 15-year tenure as an 888 corporate and governance executive. Issuing a filing with the London Stock Exchange, 888 stated that Dafna will join the firm’s executive leadership …
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The board of 888 Holdings has expanded its governance advisory, confirming the appointment of Limor Ganot as a corporate non-executive director. A seasoned executive in corporate financing and strategic planning for technology enterprises, Ganot is the Managing Partner of US/Israeli venture capital fund Gefen Capital. An Israeli business figurehead, Ganot has further served as CO-CEO and VP of Business Development …
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Q1 industry donation figures released by GambleAware have listed Gamesys Group as its highest donor for the period, having contributed more than half of the total £820,000 received by the charity. Donating £450,000, Gamesys topped the list of the 144 donations received, with its Virgin Bet Limited subsidiary also contributing £5,224. UK licensing requirements demand that all license holders should …
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888 Holdings will deepen its sportsbook in-play and pre-match trading capacity by fully integrating Betgenius content, data and wagering solutions. Marked as a key directive, 888 will deploy Betgenius data and pricing solutions which will optimise the pre-match and in-play betting markets of flagship sportsbook property 888Sport. The partnership will cover all 888Sport active territories, in which Betgenius will lead …
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Online gambling group 888 Holdings Plc has predicted that COVID-19 related disruptions will have a ‘single $ digit million impact’ on the firm’s 2020 EBITDA performance. Yesterday, 888 was forced to delay publishing its 2019 results, abiding with an FCA order which sanctioned a two-week moratorium on the publication of results by listed companies. Updating investors this morning, 888 stated …
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