Optimove has partnered with 888AFRICA to strengthen its footprint in the African continent. 888AFRICA is part-owned by 888 Holdings PLC which has a presence in the Democratic Republic of Congo, Tanzania, and Mozambique through the 888bet and 888bets brands, together with BetLion in Zambia. Peter Miles, Director of Sales at Optimove, commented: “We are honoured to have been selected as …
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Multinational African online bookmaker BetLion has been acquired by 888Africa, a joint-venture of 888Holdings, in a major step for the group’s vision on the continent. BetLion is based in the Kenyan capital of Nairobi and has been licenced in both its founding market and in Zambia since 2019, and most recently expanded its international reach with a Democratic Republic of …
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The board of 888 Holdings has vowed to return the business back to shareholder growth by implementing a new corporate strategy prioritising capital efficiencies and debt reductions. This morning, the LSE gambling group posted a jam-packed full-year 2022 trading results alongside a Q1 2023 update outlining new corporate measures to optimise its enlarged business incorporating William Hill. FY2022 group revenues …
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888 Holdings has announced the launch of its strategic joint-venture 888Africa, which has secured local licences for the markets of Kenya, Tanzania, Mozambique and Zambia. In March, the FTSE250 gambling group announced that it would back the launch of 888Africa – a dedicated African markets venture led by former PokerStars CMO Christopher Coyne. Launching the venture within East African markets, …
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Sportingtech has partnered with 888AFRICA, supporting the regional-focused sportsbook brand’s plans for international expansion. The platform provider will supply 888AFRICA with its Quantum solution, designed to provide an ‘optimised betting experience’, covering 65 sports, 9,000 games and 1,000 betting markets. 888AFRICA aims to secure ‘market-leading positions’ across the continent as part of its growth plans, part of 888Holdings wider ambitions …
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888 Holdings has detailed that both its B2C and B2B operations suffered a substantial decline during first quarter trading, citing a number of factors impacting the FTSE250 group’s commercial performance. Publishing a trading update for Q1 2022, 888 detailed a year-on-year corporate revenue decline of 18% to $224 million (2021: $273m) – a percentage decline which was mirrored by its …
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888 Holdings has backed plans to launch 888AFRICA as a joint venture business, expanding the FTSE250 firm’s presence within ‘select regulated African markets.’ This morning, 888 confirmed that it had “invested in a minority stake in 888AFRICA, with the option to increase its control, and ultimately own up to 100% of the venture in the future”. The business will be …
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