Tag Archives: mr green

Evoke Plc has benefited from strong year-end trading, as the LSE gambling group expects its full-year EBITDA to be at the top end of the guidance range of £300m-to-£310m, a result deemed by leadership as “ahead of expectations“. A post-close trading update for Q4 noted that Evoke had generated approximately 12-13% revenue growth on year-on-year comparatives. The group’s improved performance …

Evoke Plc is focused on the ‘execution of short-term actions’ to maximise operating margins and return its business to growth in H2 trading. This statement follows the LSE gambling group publishing interim results, showing H1 losses (after tax) of £143m— a 300% increase compared to 2023 losses of £32m. A summary of H1 trading detailed performance declines, specifically impacting its …

Evoke Plc has returned its online unit to growth but has chosen to revise down its full-year guidance due to weaker revenues and adjusted EBITDA forecast. The LSE gambling group published its H1 interim results in which it detailed that Q2 trading was broadly stable sequentially on a year-on-year basis, helping the firm make strategic progress on its value creation …

The penalty issued by the Swedish gambling authority Spelinspektionen to Malta-based igaming operator Mr Green has been reduced. The decision was taken by the country’s Supreme Administrative Court, which ruled that there were grounds for Spelinspektionen to issue the penalty in 2021, but that the sum needed to be reduced in order to accordingly reflect the appropriate calculations.  Mr Green …

888 Holdings has formally changed its business identity to Evoke Plc, as approved by the shareholders of the LSE gambling group. At yesterday’s AGM, shareholders unanimously voted 99.7% in favour of the name change to Evoke Plc. The directive to change the LSE gambling group’s identity was proposed in March alongside the firm’s full-year 2023 results. Evoke Plc was proposed …

The Danish Gambling Authority, the Spillemyndigheden, has ordered Malta-based igaming operator Mr Green Ltd to re-evaluate its internal controls after failing to comply with local AML rules. A review by the regulator has concluded that Mr Green exhibits “insufficient” business risk practices. This comes in the form of lacking separate risk assessments for each individual aspect like the use of …

888 Holdings has made another round of adjustments to its senior leadership as the company works to reduce debt amid a growth of its international business. Following the leadership reshuffle, Lord Mendelshon will take on additional duties as a member of the group’s Nominations Committee upon resuming his role as Non-Executive Chair of the FTSE100 gambling group. Further changes will …

888 Holdings has found a new CEO in Per Widerström, who assumes executive leadership of the international group as it navigates tricky market and regulatory conditions. Widerström will commence CEO duties from 16 October 2023 onwards, taking responsibility for leadership of the company’s multinational portfolio of brands, including the 888 betting and igaming divisions, William Hill and Mr Green. The …

888 Holdings has tasked Alexis Zamboglou with coordinating its UK and Irish operations, apportioning the veteran betting executive as Managing Director for the two countries. Zamboglou will hold responsibility for 888’s full brand portfolio in the British and Irish markets, including the 888sport, 888casino, William Hill and Mr Green betting and igaming operators. A long-term member of Wiliam Hill and …

The full-year 2022 financial accounts of William Hill Limited have been filed by 888 Holdings with the corporate register of the Financial Conduct Authority (FCA).    Temporarily under the ownership of Caesars Entertainment Inc and accounting for the assets of William Hill UK and Mr Green, the company was acquired by 888 on 1 July 2022.  Results filed with the FCA …