888 Holdings has detailed a positive start to year trading, as the LSE gambling group prioritises the objectives of its Value Creation Plan (VCP). Publishing a Q1 trading update, 888 revenues stand at £431m, with results tracking slightly above the £420-430m guidance outlined by FY23 Results on 26 March 2024. Improved headline results carry notice that “the Group continues to …
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888 sells US B2C assets to Hard Rock Digital
888 Holdings has confirmed its strategic exit from the US market, selling all associated B2C assets to Hard Rock Digital (HRD). In March, 888 notified investors that it had initiated a strategic review of its US B2C business, “considering all available options”. The decision saw 888 announce that it had mutually agreed to terminate its Sports Illustrated (SI) Sportsbook and …
Read More »888 narrows 2023 losses as Widerström Evokes new vision
888 Holdings declares that it has established the foundations for future sustainable growth under new company leadership, which will lead the business under its new identity as Evoke Plc. This morning the LSE gambling group published its full-year 2023 accounts, registering ‘reported’ corporate revenues of £1.71bn, up 38% on FY2022 comparative results of £1.23bn. However, pro-forma trading marked 888’s revenue …
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