Tag Archives: 888 Holdings

888 debuts ‘Too Much is Too Much’ social responsibility campaign

SBC News 888 debuts 'Too Much is Too Much' social responsibility campaign

LSE-listed online gambling group 888 Holdings Plc has emphasised player moderation and the awareness of excessive gambling behaviours through the launch of its new social responsibility campaign – ‘Too Much is Too Much’. 888’s campaign will be initially launched within the UK running from 5-18 January 2020 across Facebook, Twitter, YouTube and further digital channels. In its campaign notes, 888 details …

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UK recovery sees 888 confident of delivering on 2019 expectations

SBC News UK recovery sees 888 confident of delivering on 2019 expectations

London-listed enterprise 888 Holdings is confident of delivering on its full-year 2019 earnings expectations after closing the year with revenues at an “all time high” for December trading. 888’s strong H2 performance was ‘underpinned by the continued success of the Group’s Orbit casino platform’ which was launched across a number of regulated markets. It also sustained improved revenues across its sport betting …

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888 defends Mattingley reappointment despite investor concerns

SBC News 888 defends Mattingley reappointment despite investor concerns

Online gambling group 888 Holdings has defended its decision to put non-executive chairman Brian Mattingley up for re election, citing Mattingley’s wealth of experience within the gambling industry as a key factor.  The decision follows on from a meeting with investors in which 21% voted against re-election of Mattingley at the company’s annual meeting in May. Mattingley’s re-election faced opposition …

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888 recovers UK traction following costly H1 2019 trading

SBC News 888 recovers UK traction following costly H1 2019 trading

London-listed online gambling group 888 Holdings Plc detailed strong ‘strategic progress’ on its corporate strategy and tech initiatives, as the company adjusts to new regulatory demands across multiple operating markets. Publishing its interim 2019 results (period ending 30 June), 888 recorded a group revenue increase of 2% to $277 million (H1 2018: US $273m) as the company underlined a ‘continued recovery of its …

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888 confirms Mark Summerfield as Audit Chair

888 Holdings

London-listed online gambling group 888 Holdings Plc has strengthened its governance advisory by confirming the appointment of Mark Summerfield as a new Non-Executive Director. An expert in the auditing and financial planning of large-scale enterprises, Summerfield is the former Partner and Global Head of Gaming for ‘big-4’ accountancy KPMG (2003-2017). During his executive tenure at KPMG, Summerfield further served as …

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888 Holdings’ Guy Cohen on purchases, PASPA and poker

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Guy Cohen, SVP, Head of B2C at 888 Holdings, discuss his company’s BetBright deal, operating in the newly regulated US sports betting market, and making plans to restore poker to its former glory. SBC: You have been on an acquisition spree lately. Can you explain the philosophy behind this, particularly regarding your BetBright purchase? GC: Sport was the missing link …

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888 completes £18m Mandalay acquisition

SBC News 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

SBC News 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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