Issuing a corporate filing, 888 Holdings has confirmed that Aviad Kobrine has chosen to end his 15-year tenure as Chief Financial Officer (CFO) of the LSE-listed online gambling group. Updating investors, 888 governance informs that Kobrine will continue to act as CFO until a replacement is found, helping company leadership through its transition period. Commenting on his upcoming departure, Kobrine said: …
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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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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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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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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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