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 …
Read More »
Football Index has moved to strengthen its corporate governance and leadership, confirming the appointments of renowned industry executives Brian Mattingley and Mark Blandford as corporate advisors, supporting new company CFO Andrew Burns. Updating the market, Football Index confirms Brian Mattingley as non-executive chairman, a role he will combine alongside his current non-exec chairmanship of FTSE-listed online gambling group 888 Holdings, …
Read More »
London listed online gambling group 888 Holdings has moved to strengthen its governance advisory, confirming the appointment of Anne de Kerckhove as a new non-executive director. A seasoned media technologies and gambling executive, Kerckhove is currently the chief executive digital subscription firm Iron Group. Kerckhove has prior industry experience having served as International Managing Director of gaming systems provider Inspired …
Read More »
Presenting its audited full-year 2015 results (period ending 31 December 2015), the governance of FTSE listed igaming operator 888 Holdings (888) has described 2015 corporate performance as resilient in facing imposed regulatory impacts. Outlining 2015 core metrics, 888 would post group revenues of $462 million (£320 million), 2% up on 2014’s $455 million. The operator noted that on a like-for-like …
Read More »
Online gaming operator 888 has promoted Chief Operating Officer Itai Frieberger to the position of CEO, a move that has seen Executive Chairman Brian Mattingley move into a non-executive role with immediate effect. Frieberger has been Chief Operating Officer of 888 since 1 April 2011 and joined the Board on 13 May 2015. Mattingley commented: “We are delighted to announce the …
Read More »
UK newspaper The Daily Telegraph has reported that 888 Holdings is seeking for regulatory approval in order to finalise the appointment of current Chief Operations Officer Itai Frieberger as its new company leader. 888 corporate governance has requested all core market authorities to review the appointment of Frieberger as new Chief Executive, a best practice process which could take months …
Read More »
Having pulled out of the bwin.party Entertainment takeover race last Friday, 888 Holdings Chairman Brian Mattingley has told the Financial Times that the company is still on the lookout for further acquisitions. The 888 Chairman further stated that the operator was “not a target” within the consolidating igaming sector which has seen significant M&A activity in 2015. Mattingley noted that …
Read More »
Following this morning’s announcement by bwin.party Entertainment governance, that it had selected GVC Holdings £1.1 billion takeover offer over its prior bid of £908 million, 888 Holdings governance has publicly announced that it has withdrawn from acquisition discussions. The withdrawal sees 888 ends its deal co-operation agreement (accepted on 17 July) with bwin.party governance. In a short statement, 888’s board concluded that …
Read More »
Following yesterday’s announcement that the governance of bwin.party Entertainment were reviewing the conditions of GVC’s 122.5p per share takeover bid (value -£1.1 billion). 888 Holdings has stated that it remains confident in its offer of £908 million trumping GVC’s increased bids. 888 governance had noted that it was aware of the review undertaken by bwin.party, however the board continues to believe …
Read More »Speaking to The Times, 888 Holdings Chairman Brian Mattingley stated that he remains confident that his firm would win in its pursuit of bwin.party Entertainment, against the increased takeover bid of GVC Holdings. Mattingley who replaced Executive Chairman Richard Kilsby in May, told The UK newspaper that he expects a clean and fair fight for bwin.party operations, as GVC increased …
Read More »
SBC News Voice of the Sports Betting Industry