Tag Archives: 888

HMRC reveals gambling receipts did not meet expectations for 2020/2021

HM Revenue and Customs (HMRC) has announced that gambling revenue for the 2020/2021 financial year fell below expectations, largely due to the economic impact of national lockdowns. Total tax receipts registered from April 2020 to March 2021 totalled £2.83 billion – a drop of £182 million or 6% when compared to 2019/2020 fiscal duties – attributed to COVID-19 lockdowns enforcing …

Read More »

Regulated and taxed market growth fuels 888 Q1 uptake

888 Holdings has underlined its confidence in delivering on its 2021 financial expectations and corporate objectives, following a strong opening to its full-year trading.    Publishing its trading results for Q1 2021, 888 registered a substantial increase in revenue driven chiefly by expansion in regulated markets and growth across all core product channels.  The group reported an overall revenue increase of …

Read More »

888 forms new CSR committee led by Lord Mendelsohn 

The board of 888 Holdings has formed a new ‘Environment, Social and Governance’ (ESG) committee to help structure and guide the FTSE250 online gambling group’s corporate social responsibility (CSR) duties and objectives. The ESG Committee will be led by Lord Jon Mendelsohn, 888’s forthcoming non-executive Chairman who will take leadership of the firm’s corporate governance duties from May onwards.  A …

Read More »

888 enhances sponsorship portfolio with Portuguese Grand Prix deal

Gibraltar-based online betting and gaming operator 888 has strengthened its international branding and marketing activities by incorporating the Portuguese Grand Prix into its sports sponsorship portfolio. 888 maintains a diverse presence in Portugal’s online gambling market – one of 60 sectors the firm operates in – offering a ‘well-regulated and safe gaming environment’ for bettors to enjoy slots, roulette and …

Read More »

League of Ireland – betting sponsorships an ‘internal matter’

The Football Association of Ireland (FAI) has introduced a ban on betting sponsorships, although this will not apply to clubs competing in the League of Ireland. Calls for a severing of ties between betting operators and sports clubs have been mounting in Ireland, with two of the country’s major sporting authorities – the Gaelic Athletic Association (GAA) and Gaelic Players …

Read More »

Cardiff City names 888Sport as training kit sponsor

888 Holdings flagship sportsbook brand 888Sport has bolstered its network of football partners after confirming that it has signed a new partnership with Cardiff City. Under the terms of the agreement, 888Sport will become the club’s first training wear sponsor and global betting partner for the remainder of the current 2020/21 season.  888 SVP head of B2C Guy Cohen said: “We’re …

Read More »

888 confirms Lord Mendelsohn as inbound chairman for critical 2021 proceedings

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 …

Read More »

888 confirms Yariv Dafna as inbound Group CFO 

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 …

Read More »

888 integrates Golden Race virtuals in new partnership

888 has strengthened its virtual sports offering after teaming up with Golden Race ‘Beyond Virtuals’ to deliver a range of virtual sports games for its 888casino and 888sport platforms. Under the agreement, players at 888casino and 888sport will gain access to virtual sports betting events including more than 20 leagues and tournaments of 3D Virtual Football, 3D Horse Racing, Dog …

Read More »

888 focuses on bolstering safer gambling measures amid COVID-19 crisis

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 …

Read More »