London-listed enterprise 888 Holdings is confident of delivering on its full-year 2019 earnings expectations after closing the year with revenues at an “all time high” for December trading. 888’s strong H2 performance was ‘underpinned by the continued success of the Group’s Orbit casino platform’ which was launched across a number of regulated markets. It also sustained improved revenues across its sport betting …
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888 recovers UK traction following costly H1 2019 trading
London-listed online gambling group 888 Holdings Plc detailed strong ‘strategic progress’ on its corporate strategy and tech initiatives, as the company adjusts to new regulatory demands across multiple operating markets. Publishing its interim 2019 results (period ending 30 June), 888 recorded a group revenue increase of 2% to $277 million (H1 2018: US $273m) as the company underlined a ‘continued recovery of its …
Read More »888 Holdings attributes revenue growth to sports division
As part of its trading update for the period from 1 January to 18 May 2019, online gambling group 888 Holdings has reported “strong momentum” across its operation in global regulated markets. Growth, according to the update, was largely driven by sport – which saw a 29 per cent jump for the period – while the group’s Casino branch also …
Read More »888 completes £18m Mandalay acquisition
Online gambling group 888 Holdings has completed its previously announced £18m takeover of number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. In February, 888 agreed to acquire a number of digital bingo brands from the Jet Management Group and Jet Media, which form the basis of the Mandalay operating unit. As a result of …
Read More »888 reports “sweeping changes” amid UK woes
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 »888 secures sports betting boost through BetBright deal
888 has secured the long-term product development strategy for its 888Sport division after acquiring the BetBright sports betting platform for £15 million. The platform will be integrated into 888’s proprietary gaming backend, giving the online gaming entertainment and solutions provider ‘complete ownership’ over its technology and product development across four key verticals – sport, casino, poker and bingo. However, more …
Read More »888 confirms CEO change as Pazner replaces Frieberger as corporate leader
Issuing a corporate filing, London-listed online gambling group 888 Holdings has this morning disclosed that Itai Frieberger will step down as Chief Executive Officer (CEO), transferring leadership of the company to Itai Pazner (COO). A 14-year 888 Holdings executive, Frieberger ends his three-year tenure as 888 CEO, with governance informing that he will take-on a directorship role undertaking a leadership …
Read More »888 promotes Itai Pazner to Group COO
Updating the market, London-listed online gambling group 888 Holdings has confirmed the promotion of Itai Pazner to the executive position of Chief Operations Officer (COO). A sixteen-year company veteran, Pazner takes over leadership of 888 group operations, having most recently served as Senior Vice President of 888’s B2C division. Reporting directly to 888 Holdings Chief Executive Itai Frieberger, Pazner will …
Read More »A £5 free bet has appeared – 888Sport unleashes Pokemon Go-esque betting game
Bookmaker 888Sport has showed its innovative side by releasing a Pokemon Go inspired betting game for mobile. The game allows users to hunt down free bets to catch. These will be situated around football stadiums throughout the UK and whilst the game is tied in with its relationship with four Championship clubs; Birmingham City, Nottingham Forest, Brentford and Preston North …
Read More »888sport sponsors four Championships teams and will pay for away days
888sport has launched an interesting partnership as the first main sponsor to simultaneously sponsor four EFL Championship teams for the 2016/17 season by offering fans free travel to away games until Christmas. As one of the most watched leagues in world football, 888sport believes that the Championship is the right platform for its sponsorships efforts which will include sponsoring Birmingham …
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