The group-wide revenue and profit of 888Holdings took a heavy hit across the first six months of the year, as the LSE-listed firm continues to adjust to its acquisition of William Hill. Publishing its interim report this morning, the FTSE250 group revealed that revenue and profit for H1 2022 were both down by 13% and 66%, standing at £332.1m and …
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DraftKings, Entain, BetMGM, Catena North America, Caesars Sportsbook, Better Collective, Sportradar and White Hat Gaming were among the companies to celebrate victories at last night’s SBC Awards North America 2022 ceremony at Pier Sixty, Manhattan. The prestigious ceremony was hosted by YES Network Yankees Clubhouse reporter Meredith Maravokitz. The winners of the 27 operator, affiliate, supplier and payment and compliance …
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888holdings has confirmed the appointment of three Non-Executive Directors (NEDs), as the firm looks to consolidate its position following the completed takeover of William Hill. The international gambling group announced this morning that Andrea Gisle Joosen, Andria Vidler and Randy Freer would join the Board as Independent NEDs, each having accumulated experience across a range of sectors. In the aftermath of …
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888 Holdings has moved a step closer to finalising its acquisition of William Hill’s UK and European assets, as the company’s shareholders approved the merger by a vast majority. Following the conclusion of its Extraordinary General Meeting, 888 revealed that 99.73% of shareholder votes cast were in favour of the takeover, representing 306,997,411. In contrast, 819,264 (0.27%) voted against, with …
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888 Holdings hails ‘another record breaking year’, as the FTSE250 gambling group publishes its pre-close trading statement ahead of its transformative enlargement with William Hill. Of significance, expansion within regulated markets offset German regulatory challenges for 888, as the firm detailed that a strong performance in four key markets helped drive revenue by 14% in 2021. Updating investors, the company …
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888 Holdings has confirmed that it has moved closer to completing its full acquisition of William Hill’s international non-US assets, predicting closure of the acquisition in Q1 2022. In an update this morning, the FTSE250 gambling group confirmed that it has secured mandatory antitrust and pre-completion gaming regulatory clearances, paving the way for finalisation of the takeover. Confirmed on 9 …
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As this morning 888 Holdings is declared the winning bidder of Caesar Entertainment’s auction of William Hill’s non-US assets – uncertainty remains as to the future of the heritage bookmaker’s retail unit and how it will reshape betting’s presence on the high-street. The deal will enable 888 to quadruple its market share, becoming the third-largest group operator in the UK …
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